Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- TRS OR TRSS
Refer to Total Return Swaps. Generally, the market maker or bank will pay an asset's total rate of return in exchange for a cash payment. The stipulated asset or index is the benchmark or reference point. The counterparty to the investor or risk manager often receives LIBOR plus a risk financing margin.Back