Dictionary of Financial Engineering

Your A Z Guide to the Language of the World of Derivative Instruments and Risk Management Financial engineering is where financial theory, quantitative analysis, and technology meet on Wall Street to solve complex problems and find investment opportunities. This highly technical field began in the 1970s with the development of option pricing theory. Today, financial engineering makes extensive use of derivative instruments, including options, to structure products having unique investment characteristics and to manage the risks inherent in modern business enterprises. Still a relatively new area, financial engineering by its nature continues to grow and develop as does its terminology. From ABS to Z bonds and beyond, this unique dictionary explains and clarifies for financial professionals the important terms, concepts, and sometimes arcane language of the increasingly complex world of high finance. Concise and easy to use, the Dictionary of Financial Engineering provides short and to the point definitions for thousands of terms used by financial engineers and others involved in modern finance. Definitions are clearly written, cross referenced, and illustrated by way of examples. Rounding out the dictionary are several appendices providing tutorial material on important facets of financial engineering, derivatives, and fixed income analytics. One of a kind, timely, and much needed, the Dictionary of Financial Engineering is an indispensable resource that finance professionals will turn to again and again. Please visit our Web site at www.wileyfinance.com