Finance

Glossary – Finance

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There are 11 names in this directory beginning with the letter T.
Tera Structure of Interest Rates
The relationship between interest rates and their maturities.

Terminal Value
The value at maturity.

Theta
The rate of change of the price of an option or other derivative with the passage of time.

Time Value
The value of an option arising from the time left to maturity (equals an option’s price minus its intrinsic value).

Total Return Swap
A swap of the return on one portfolio of assets for the return on another portfolio of assets.

Transactions Costs
The cost of carrying out a trade (commissions plus the difference between the price obtained and the midpoint of the bid-offer spread).

Treasury Bill
A short-term non-coupon-bearing instrument issued by the government to finance its debt.

Treasury Bill Futures
A futures contract on a Treasury bill.

Treasury Bond
A long-term coupon-bearing instrument issued by the government to finance its debt.

Treasury Bond Futures
A futures contract on Treasury bonds.

Treasury Note Futures
A futures contract on Treasury notes.
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