„Collar“
What does Collar stand for?
An agreement that puts upper and lower limits on the interest rate of a financial instrument or on the price of something, and through this device limits the possible amount of loss or gain from the rise or fall of interest or price of the thing “collared”
Source:
Financial and BankingView all itemsFrank J. Fabozzi. “The Handbook of Financial Instruments”, Wiley, 2002.
