A standard agreement without any special features is referred to as:
A)a plain vanilla agreement.
B)an interest rate swap.
C)a generic swap.
D)macrohedging
E)a currency swap

Question

Quizplus · Accepted Answer

A plain vanilla agreement is a standard, basic agreement without any additional custom features. It is a simple and straightforward contract and is commonly used in financial markets. The term "plain vanilla" is often used to describe financial instruments that have no special features or are standard and widely traded.

A Standard Agreement Without Any Special Features Is Referred to As