SONIA (sterling overnight index average) is an interest rate benchmark published by Bank of England based on actual transactions in...

A shelf registration statement is a filing with an exchange regulatory (e.g., Securities and Exchange Commission) for registration of a...

Misstatement is a situation that arises when a transaction or event has not been recorded or treated correctly in an...

Variation margin (VM) is the additional funds is required to top off the balance in a margin account to the...

The most common type of credit derivative is the credit default swap (CDS). It is a financial instrument that allows...

The entity that is the underlying for a credit default swap (CDS) or a similar structure. The entity is the...

In banking, the benchmark rate is a reference lending rate used by banks to price their interbank loans. The most...

Fixed-rate loans are loans made at pre-set interest rates that don't adjust over time to take into account prevailing economic...

Repo is a financing transaction that mainly involves government securities, where a dealer or a holder of government securities such as bills, notes,...

Securitization is a type of structured finance that involves the pooling of assets (or specific types of assets such as...