Contextualizebeta

swaption

noun

Etymology

Blend of swap + option.

  1. derived from optiō — “choice; option; act of choosing”
  2. derived from option
  3. compounded as swaption — “swap + option”

Definitions

  1. An instrument granting the owner an option to enter an interest rate swap.

  2. More generally, an option on any type of swap.

The neighborhood

Vish — recursive loop

No curated loop yet for swaption. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA