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Amortizing Option |
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Amortizing Option An option in which the underlying asset is an interest rate or an interest rate swap. In both cases, the notional amount over which the interest rate is calculated gradually decreases (or is "amortized") over time. The amount by which it decreases is usually tied to repayment on a loan or other liability. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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