Collar
An upper and lower limit on the interest rate on a floating-rate note. |
Similar financial terms
Zero Cost CollarIs a transaction which has little or zero cash outlay or cost for the initiating person. Often, a security is held and some protection is sought via a hedging transaction. One example, would be the purchase of an out-of-the-money put (debit) and the sale of an out-of-the-money call (credit). Here, the premiums for the debit and credit are nearly the same. Therefore, there would be little or no cost for the person seeking the hedge. However, this position places a cap on the potential reward for ...
Blue-collar worker
A blue-collar worker is a working class employee who performs manual or technical labor, such as in a factory or in technical maintenance "trades", in contrast to a white-collar worker, who does non-manual work generally at a desk. This term has a stereotypical connotation in American English, based on historical perspective. Originally it referred to the dress codes of workplaces. Industrial blue-collar workers formerly, and to a large extent still, wear "work clothes" with the shirts of a n ...
Pink-collar worker
A pink-collar worker does work traditionally mostly done by women. This includes secretarial work, typing, and work as a telephone operator. The term "pink-collar" is intended to parallel "white-collar" and "blue-collar". Women in 1950s offices usually wore bright shirts and pink was a popular color, thus entering the workforce colorwheel. So-called pink-collar jobs are secondary labour market jobs predominantly filled by women. These are jobs that are low in status and pay, and have limited ...
White-collar worker
White-collar workers perform tasks which are less "laborious" yet often more highly paid than blue-collar workers, who do manual work. They are salaried professionals (such as some doctors or lawyers), as well as employees in administrative or clerical positions. In some studies managers are considered as part of the white-collar worker grouping, in others they are not. The name derives from the traditional white, button down shirts worn by workers of such professions. Formerly a minority in ...
