An interest rate swap in which both counterparties pay fixed rate in their respective currencies. It is a type of…

An interest rate swap in which the floating rate is set in arrears. This means, the floating rate is determined…

A gradual scale back of bond purchases by the U.S. Federal Reserve (the Fed). Usually, the Fed buys bonds in…

Adding up a series of numbers (two at least) and dividing the sum by their count. For example, to find…

A dividend that is paid out of paid-in capital rather than from current net profits or retained earnings. Unlike, stock…

An action that is taken by an investor or trader whereby he/ she chooses not to exercise or offset a…

Arabic (كدك) for the right given to a lessee of the waqf property (like shops, plants, factories, etc.) to improve…

A trading tactic in which an asset is bought at a low price on one market and then is immediately…

An Islamic fiqh term that is associated with the process of sulh al-ibra’ or discharge reconciliation. The creditor party accepts…

An interest rate floor (i.e., a contract on a minimum interest rate) whereby the seller pays the buyer, at periodic…