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Banking

Capital

The monetary and non-monetary (though measured in monetary terms) sources of fund that are used by an entity to build,...

Share of Stock

A type of security that represents ownership in a company/ corporation divided into equal portions that are a claim on...

Share

A type of security that represents ownership in a company/ corporation divided into equal portions that are a claim on...

Low-Grade Bond

A bond that carries a significant amount of default risk and therefore is granted low or very low ratings by...

Non-Investment Grade Bond

A bond that carries a significant amount of default risk and therefore is granted low or very low ratings by...

Term Rate

An interest rate (market benchmark or reference rate) that provides market participants (specifically, borrowers) with a specified interest rate for...

Stock Yield

The yield on a stock is its rate of return over a certain period of time. The rate of return...

Fallback Spread

In relation to the LIBOR cessation plan, it is the credit and liquidity component of LIBOR relative to risk free...

Synthetic LIBOR

A form of transitional LIBOR that is "synthetically" created in order to account for a significant number of US dollar...

Pre-Cessation Trigger

A contractual fallback that was set out in the LIBOR wording for the purpose of triggering a switch to the...