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Fallback Rate

A rate of interest that can be used if the reference rate for a certain arrangement or contract (a facility,...

Fallback

In finance, fallback broadly refers to failure in attaining a desired or expected outcome/ result due to unfavorable or unexpected...

Fixed-Rate Resetting Bond

A resettable bond (resetting bond) in which the rate (underlying interest rate) may reset at the end of a certain...

Fixed-Rate Resettable Bond

A resettable bond in which the rate (underlying interest rate) may reset at the end of a certain period during...

Arrears

The aggregate of contractual payments that are due on a loan (or broadly, a debt) and that have not been...

European Style

A way of exercising specific rights attached to an instrument/ security/ contract or any other set-up which can take place...

American Style

A way of exercising specific rights attached to an instrument/ security/ contract or any other set-up which can take place...

ALPS

It stands for adjustable long-term puttable securities; a type of security (debt security such as a bond)- specifically a fixed...

Adjustable Long-Term Puttable Securities

A type of security (debt security such as a bond)- specifically a fixed income instrument, which pays a coupon in...

NPA

It stands for non-performing asset; an interest-bearing (interest-paying) asset, such as a debt instrument or loan, that is not currently...