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Abnormal Returns

The portion of return that is not attributed to systematic influences and conditions. Instead, abnormal returns are typically the result…

Athena Autocall

A structured product in which the autocall mechanism determines the amount of payoff (coupons), accumulated and paid on an autocall...

Additional Paid-up Share Capital

Additionally issued paid-up share capital. A classification of share capital that represents the additional amount that is received from an...

Appreciation

The increase in the value of a financial or physical asset over its normal life-time or a specific period of…

Acceptance

A promise to pay which is made when the drawee of a time draft (bill of exchange) writes the word…

Average Daily SOFR

A method for calculation of SOFR (secured overnight financing rate)- a type of daily SOFR- that represents a daily weighted...

Abandonment

A situation where an owner intentionally and completely relinquishes all rights, titles, or claims to a property or an asset...

Agency Cost

The incremental cost which is paid by a principal to an agent who is supposed to make decisions, manage affairs...

Accepting House

In the United Kingdom, a financial company (such as a bank, merchant bank, etc) that endorses a bill of exchange…

Advance Refunded Bond

A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. An advance…