Caption - Financial definition
Financial acronyms
The entire acronym collection of this site is now also available offline with this new app for iPhone and iPad.
Concise definition of the term caption
A caption is an option on a cap.
Comprehensive definition of the term caption
A caption may be used when a hedger is uncertain whether a cap will be needed in the future or not, and thus does not want to pay the full upfront cost of a normal cap.