CROSSED QUOTATION Definition

Bookmark and Share

CROSSED QUOTATION see LOCKED QUOTATION.

Learn new Accounting Terms

CAPS, FLOORS AND COLLARS: CAP is a series of European interest rate call options used to protect against rate moves above a set strike level; FLOOR a series of European interest rate put options used to protect against rate moves below a set strike level; and, COLLAR is the simultaneous purchase of an interest rate cap and sale of an interest rate floor on the same index for the same maturity and notional principal amount.

ROM is Read-Only Memory.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.