ACCRETING

 

 
  • A description, applicable to a variety of instruments, denoting that the notional principal increases successively over the life of the instrument, eg, caps, collars, swaps and swaptions. If the increase takes place in increments, the instrument may be known as a step-up.

 

Related Terms:

Amortising                                                                                 
Back to Index

Recognized and Awarded Expertise