Business / Finance / Option-Adjusted Spread (OAS): (1) The spread over an issuer's spot rate curve, developed as a measure of the yield spread that can be used to convert dollar differences between theoretical value and market prices. (2) The cost of the implied call embedded in an MBS, defined as additional basis-yield spread. When added to the base yield spread of an MBS without an operative call produces the option-adjusted spread.
Spread Noun Synonyms: grow, develop, increase, broaden, expand, extend, widen, enlarge, mushroom, proliferate, sprawl, branch out, metastasize
Business / Agriculture / Spread (Or Straddle): The purchase of a futures contract of one delivery month against the sale of another futures delivery month of the same commodity: the purchase of one delivery month of one commodity against the sale MORE
Business / Finance / Spread: A fixed-term trust from which income is distributed to the beneficiary (such as a child of the grantor) to take advantage of a lower tax bracket, and that at the end of the term passes to the grantor' MORE