Canary

noun

1. 1

   Someone connected with Norwich City Football Club, as a fan, player, coach etc.

adjective

1. 1

   That can be exercised on quarterly dates, a set time period (usually one year) after the issue date, and before the expiry date.

   Canary callable bonds are a type of step-up bond that is a hybrid structure, having elements of both Bermudan and European calls.

   The canary bond is unique in that it is callable during the period before the security converts to a noncallable or bullet structure; the canary callable coupon can possess a step-up feature.

   A (receiver) Canary swaption has two expiry dates 0 < θ₁ < θ₂ ≤ t₀ and involved two swaps Sⁱ (i = 1, 2) with cash -flows (t_(i,j), c_(i,j)) (1 ≤ j ≤ nᵢ).

Forms

plural

Canaries