Cusp is a term which indicates the at-the-money level or current coupon issuance rate for securities. It tends to be used more frequently in the mortgage backed securities business. Also, it is used in options to indicate highly sensitive derivative statistics.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). cusp. Retrieved September 22, 2026, from http://smartdefine.org/cusp/definitions/1151342 |
| Chicago | Barry Goldsmith. 2010. "cusp" http://smartdefine.org/cusp/definitions/1151342 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, cusp, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/cusp/definitions/1151342>. |
| MLA | Barry Goldsmith. "cusp" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/cusp/definitions/1151342> |