bermudan
Word Rarity
Very rare
Frequency: Zipf frequency 1.47 in modern English
13
Scrabble Score
8
Letters
2
Syllables
8
Unique Chars
Meaning
adj
Of, from, or pertaining to Bermuda, or the Bermudian peoples.
adj
That can be exercised on specific dates between the issue date and the expiry date.
Example Sentences
- "This chapter focuses on the pricing of various exotic interest rate derivatives including Bermudan swaptions, constant maturity swaps, trigger swaps, index amortizing swaps, and quantos."
- "A Bermudan callable has several call dates, usually coinciding with coupon dates."
- "Multi-dimensional option pricing becomes an important topic in financial markets (Franker et al., 2008). Among which, the American-type derivative (e.g. the Bermudan option) pricing is a challenging problem."
Etymology
From Bermuda + -an.