General Finance

General Finance

Industry: Financial services

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General Finance

swap sale

Financial services; General Finance

Also called a swap assignment, a transaction that ends one counterparty's role in an interest rate swap by substituting a new counterparty whose credit is acceptable to the other original ...

selling short

Financial services; General Finance

Selling a stock not actually owned. If an investor thinks the price of a stock is going down, the investor could borrow the stock from a broker and sell it. Eventually, the investor must buy the ...

Options on interest rate swaps. The buyer of a swaption has the right to enter into an interest rate swap agreement by some specified date in the future. The swaption agreement will specify whether ...

tender

Financial services; General Finance

To offer for delivery against futures.

selling short against the box

Financial services; General Finance

Selling short stock that is actually owned by the seller but held in the box, meaning it is held in safekeeping. The seller borrows securities needed to cover as the stock in the box may be ...