| 释义 |
Plain Vanilla
The most basic or standard version of a financial instrument, usually options, bonds, futures and swaps. Its opposite is an exotic instrument, which alters the components of a traditional financial instrument, resulting in a more complex security. Investopedia Says:
For example, a plain vanilla option is the standard type of option, one with a simple expiration date and strike price and no additional features. With an exotic option, such as a knock-in option, an additional contingency is added so that the option only becomes active once the underlying stock hits a set price point. Related Terms:
Bond
Contingency Order
Convertible Bond
Exotic Option
Financial Instrument
Futures
Knock-In Option
Strike Price
Swap
Vanilla Option |