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INCI

It stands for indirect non-controlling interest; a type of non-controlling interest (NCI) that entails that non-controlling shareholders will only get...

DNCI

It stands for direct non-controlling interest; a type of non-controlling interest (NCI) that entails, in the case of acquisition, a...

SBLOC

A line of credit (L/C, LOC) that is extended to a client with assets (securities)- eligible securities- that can be...

PLMBS

It stands for private label mortgage backed security; a type of mortgage-backed security (MBS) that is issued by private entities...

PL MBS

It stands for private label mortgage backed security; a type of mortgage-backed security (MBS) that is issued by private entities...

SPV

An acronym for special purpose vehicle; an entity (legal entity) that is specially established to fulfill a certain narrow or...

SPE

It stands for special purpose entity; an entity (legal entity) that is specially established to fulfill a certain narrow or...

POMO

An acronym for permanent open market operation; an open market operation (OMO) that involves outright purchases or sales of securities...

IOU

A phonetic acronym of the expression "I owe you". Technically, it represents is a document (usually, an unofficial document) that...

MRO

An acronym for main refinancing operation; an open market operation (OMO) that entails providing one week liquidity to the banking...