steepener
steepener noun: a trade whose terms are based on the assumption that the rate of return will increase.
Noun
steepener (plural steepeners)
- A trade whose terms are based on the assumption that the rate of return will increase.
- Steepeners are one example where cashflows are computed as difference between two swap rates, e.g. the 10 years and the 5 years. As the name of instrument suggests, this gives a view on the steepness of the swap curve.2009, Giovanni Cesari, John Aquilina, Niels Charpillon, Modelling, Pricing, and Hedging Counterparty Credit Exposure, page 155
- Provided that the curve doesn't ever flatten too much and the option remains out-of-the-money, then we will put on flatteners when the curve steepens and put on steepeners when the curve flattens.2012, Howard Corb, Interest Rate Swaps and Other Derivatives, page 451
Forms of steepener
| plural | steepeners |
|---|
Origin of steepener
From steepen + -er.
Questions about steepener
- What does steepener mean?
- Steepener means a trade whose terms are based on the assumption that the rate of return will increase.
- What part of speech is steepener?
- Steepener is a noun.
- What is the plural of steepener?
- The plural of steepener is steepeners.
Words near steepener in the dictionary
Source and license
Adapted from Wiktionary: steepener (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “steepener.” Word.ws, https://word.ws/steepener. Based on Wiktionary, CC BY-SA 4.0.