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RNOA

It stands for return on net operating assets; a measure often used to assess the efficiency of an entity's operations...

Net Operating Profit After Tax

An entity’s after-tax operating income assuming that it had no debt in its capital structure (and hence, no interest expense)....

EEPE

It stands for effective expected positive exposure; a measure that is used to determine exposure at default (EAD) for OTC...

NOPAT

It stands for net operating profit after tax. It is an entity’s after-tax operating income assuming that it had no...

HFS

It stands for held for sale; a category or designation of assets that an entity currently holds on its balance...

Economic Profit

The difference between the return on shareholders' funds (capital provided by shareholders/ owners) and the cost of these funds (cost...

Held for Sale

A category or designation of assets that an entity currently holds on its balance sheet but plans to sell in...

Discontinued Operation

A component of an entity or a group that either has been disposed of or is classified as held for...

Non-Linear Product: Examples

A non-linear product is a product (financial product) that does not feature a 1:1 relationship between its price movement and...

Non-Linear Product

A product that does not feature a 1:1 relationship between its price movement and that of its profit/ loss (return)....