Outrageously Funny Word Dictionary :: Stickage

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What is the definition of stickage? 🙋

👉 In finance, "stickage" refers to a type of interest rate swap where both parties agree on a fixed rate and an agreed-upon spread. This agreement is then used as a tool for hedging against changes in interest rates or for managing risk. For example, if one party wants to buy a fixed-rate bond with a spread, they can enter into a "staggered" swap (also known as a "fixed rate swap") where the agreed-upon spread (the difference between


stickage

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