Introduction to Polyurethanes: Composite Wood. Polyurethanes play a major role in todayâs modern materials such as in composite wood, which is a combination of synthetic and natural materials.
Total Return Swap (TRS) A Total Return Swap (TRS) is a bilateral financial transaction where the counterparties swap the total return of a single asset or basket of assets in exchange for periodic cash flows, typically a floating rate such as LIBOR +/- a basis point spread and a guarantee against any capital losses.
Then a fixed amount of accumulated interest is exchanged for interest that has accumulated at the floating interest rate. â¢!Swaption: An option on a swap, usually with strike price 0, i.e., the right to enter into a swap with specified terms at some future date.