A diagonal calendar call spread which is constructed by selling a long-term at-the-money call option and buying a short-term out-of-the-money…

The interest rate which a certificate of deposit (CD) bears. CD rates are fixed for the term of the CD,…

A round-tripping sale (or double sale) in which one party (actually the lender) sells another (actually the borrower) an object…

One of the two principal methods of conducting an initial public offering (IPO), in which the underwriting syndicate doesn’t buy…

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

Arabic (بيع البراءة) for sale on ‘as is’ basis. It is a contract of sale (bay’), in which a person…

A form of waqf (Islamic endowment) in which the output takes the form of services offered to the benefit of…

A big investor, whether a person or organization, who routinely purchases a large number of shares in companies and then…

Arabic (وقف مشترك) for joint waqf; a form of waqf (Islamic endowment) in which the assets (property) assigned as endowment…

The most liquid form of assets which includes petty cash funds, bank deposit balances, and cash equivalents. Cash equivalents are…