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According to a study cited in the text, correctional managers attribute misconduct to:
Interest Rate Swaps
Financial derivatives contracts in which two parties exchange interest rate payments, typically one fixed rate for one floating rate, on a specific nominal amount.
Interest Rate Volatility
The extent to which interest rates fluctuate over a particular period of time.
Borrowing Costs
Expenses incurred by an entity for borrowing funds, including interest, fees, and other charges associated with the issuance of debt.
Option Contract
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price within a certain period of time.
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