Canary
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See also: canary
English
[edit]Etymology 1
[edit]From 1907, coined by the football club's then-chairman who was a keen breeder of canaries.
Noun
[edit]Canary (plural Canaries)
- (soccer) Someone connected with Norwich City Football Club, as a fan, player, coach etc.
Etymology 2
[edit]Based on the geography of the Canary Islands, between Bermudan and European.
Adjective
[edit]Canary (not comparable)
- (finance, of an option) That can be exercised on quarterly dates, a set time period (usually one year) after the issue date, and before the expiry date.
- 2005, Gary Strumeyer, chapter 9, in Investing in Fixed Income Securities: Understanding the Bond Market, John Wiley & Sons:
- Canary callable bonds are a type of step-up bond that is a hybrid structure, having elements of both Bermudan and European calls.
- 2006, Ben Finkelstein, The Politics of Public Fund Investing: How to Modify Wall Street to Fit Main Street, Touchstone, page 123:
- The canary bond is unique in that it is callable during the period before the security converts to a noncallable or bullet structure; the canary callable coupon can possess a step-up feature.
- 2006, Marc Henrard, Numerical integration for Canary swaptions in the gaussian HJM model, Bank for International Settlements, page 5:
- A (receiver) Canary swaption has two expiry dates 0 < θ1 < θ2 ≤ t0 and involved two swaps Si (i = 1, 2) with cash -flows (ti,j, ci,j) (1 ≤ j ≤ ni).