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Future Control

The power over assets or business that is expected to be attained in the future. More specifically, an entity controls...

Current Control

A type of control that entails power over assets or business at the present time and for the current financial...

Unsecured Senior Sukuk

A type of sukuk that are both senior (senior sukuk) and unsecured. Senior sukuk are a type of sukuk structure...

Unsecured Senior Debt

A debt that is both senior (senior debt) and unsecured (unsecured debt). As a senior debt, it takes priority over...

Senior Sukuk

A type of sukuk in which sukuk holders get paid in full before other stakeholders (claim holders). As opposed to...

Senior Unsecured Sukuk

A type of sukuk that are both senior (senior sukuk) and unsecured. Senior sukuk are a type of sukuk structure...

Gilt Futures

A futures contract that has a gilt as underlying. Gilt, by definition, is a fixed-rate debt security issued by the...

Accounting Control

Broadly speaking, control is the power/ authority to direct and manage (people's behavior, course of events, things, etc.) In accounting,...

Funds Under Management

A category of assets (financed by corresponding funds) that are beneficially owned by an entity's clients and not reported on...

Fallback Trigger Event

In fallback documentation, it is an event that would activate the fallback provision (incorporated into a contract or arrangement in...