Mid-swap (MS) is the average of bid and ask swap rates used as a benchmark for calculating total interest rate...

An agreement to settle a debt for less than the amount claimed. A debtor offers to pay a lesser amount...

A Latin term that means "from the beginning", "from the start", "from the first act", or "from scratch" . More...

An interest rate swap in which a floor is placed under the floating rate leg to a predetermined level. The...

A type of liquidation value which pertains to corporate takeover and restructuring activities. It reflects the projected price of a...

The application of computer software programmes (like electronic platforms) and online connectivity in filling and executing trading orders in electronic...

It is a component of internal control in an entity. It sets the tone of the entity and affects how...

It stands for above the line; in the income statement (profit and loss/ PnL) it describes income and expenditure (expenses)...

An accounting technique whereby accounts are classified according to their aging- i.e., due dates or billing dates, in order to...

In the income statement (profit and loss/ PnL) it describes income and expenditure (expenses) before taxes; it is said that...