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PTBV

It stands for price to price to tangible book ratio; a financial ratio that relates an entity's current market price...

LBO

It stands for leveraged buyout; a transaction that involves the purchase (buyout) of a firm financed with a significant amount...

DPS

An abbreviation for dynamic portfolio swap; a credit portfolio derivative, specifically a portfolio default swap in which the protection buyer may…

CMBS Loan

It stands for commercial mortgage backed security loan; a type of real estate loan that is collateralized by a first...

Non-Deliverable Xccy Swap

It stands for non-deliverable cross currency swap; a swap agreement (cross currency swap, XCS) that is entered into, and between,...

SRP

It stands for systematic risk premium; the risk premium for systematic risk. It is the risk premium against the overall...

TCE

An acronym for tail conditional expectation; a risk measure (value at risk, VaR) that quantifies the expected value of the...

AON Exercise

It stands for all-or-none exercise; a style of exercise for options whereby the holder cannot exercise only on part of...

CTE

It stands for conditional tail expectation; a risk measure (value at risk, VaR) that quantifies the expected value of the...

GLUEVaR

It stands for glue value at risk; a type or method of value at risk (VaR) that represents a combination...