bermudan means of, from, or pertaining to Bermuda, or the Bermudian peoples. Lexicurio rates it Sui generis — a strength score of 85 out of 100.
Etymology
Based on the geography of Bermuda, being somewhat European and somewhat American, but closer to American.
adj
- Of, from, or pertaining to Bermuda, or the Bermudian peoples.
- That can be exercised on specific dates between the issue date and the expiry date.“This chapter focuses on the pricing of various exotic interest rate derivatives including Bermudan swaptions, constant maturity swaps, trigger swaps, index amortizing swaps, and quantos.”
noun
- A person from Bermuda or of Bermudian descent.