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Term Rate

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

True Sale Securitization

A type of securitization in which receivables (loans or similar assets)- generated in the ordinary course of business- are sold...

Thematic Exchange-Traded Fund

An exchange traded fund (ETF) that defines its investment approach and strategy according to a certain theme. Themes around which...

Thematic ETF

An exchange traded fund (ETF) that defines its investment approach and strategy according to a certain theme. Themes around which...

Trust Indenture

A written agreement between the issuer of debt securities (such as bonds, notes, or debentures) and the representative of security...

TMD ETF

It stands for target maturity debt exchange traded fund; an exchange traded fund (ETF) that is designed to terminate at...

Target Maturity Debt ETF

An exchange traded fund (ETF) that is designed to terminate at a certain date (the so-called target maturity). This is...

Thinly Traded Asset

An asset/ investment for which there is no liquid market (typically, a liquid public market) available. Holders of illiquid or...

Term Deposit

A certificate of deposit (CD) or savings account which is held in a bank or depository institution for a preset...

Trading Flat

Flat trading has different meanings in different contexts. In relation to bonds, it refers to the status of a bond...