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swaption

 - 2 dictionary results
Sparer Law
Litigation Attorneys for Public and Private Investors
www.SparerLaw.com
swap·tion   (swŏp'shən)   
n.  An option giving the buyer the right to enter into a swap agreement by a specified date.

[Blend of swap and option.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Sparer Law
Litigation Attorneys for Public and Private Investors
www.SparerLaw.com
Financial Dictionary

swaption

An option taken on an interest-rate swap. A swaption buyer has the right to enter into an interest-rate swap agreement by a specified date.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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