Filter by Categories
Accounting
Banking

Long Coupon

An interest payment (coupon) that covers a longer period than the other coupons on a bond. For example, in a...

Long Turbo Certificate

A turbo certificate that aims to bet on price increases. The participation in the upward movement of the underlying will...

Limited Factoring

A type of factoring in which the factor only selects specific invoices for discounting, and remits to the seller (client)...

LIBOR

It is an acronym for London Interbank Offered Rate. It is an interbank rate which is used as a benchmark or...

LIBOR01

An interest rate risk measure that captures sensitivity to changes in the interest rate yield curve (e.g. the LIBOR curve). It...

Leveraged Inverse Floater

An inverse floater whose coupon moves inversely with respect to interest rates by more than one for one. The floater is equipped with a coupon leverage- i.e.,...

Loan

An amount of money that is lent by a person or an entity to others (including individuals, entities, etc.) The...

Linked Note

A structured note that guarantees capital (hence the name: capital protection note). This note (which is also known as a...

Lemons Problem

A market problem that arises due to information asymmetry between investors and entrepreneurs, leading to the break down of capital...