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Banking

GM

It stands for general fund manager; a partner or party (as to a fund, mutual fund, private equity fund) that...

HVCF

It stands for hybrid venture capital fund; a venture capital (VC) fund that is funded from hybrid sources (public and...

EAD

It stands for exposure at default; a measure of a bank's exposure to losses arising from defaulting loans. It represents...

TAA

It stands for tactical asset allocation; an active management technique (and an investment style) that reconsiders asset allocations in a...

SMBS

An acronym for stripped mortgage backed security; a mortgage backed security (MBS) that is stripped (split) into two components: principal...

FTE

It stands for flow-through entity; a legal business entity that passes all its income on to the owners or investors...

FUT CMP

It stands for futures current market price (CMP); the price at which the underlying asset is being traded (bought or...

CEIO

It stands for credit-enhancing interest only strip; an I/O strip (interest only strip) that serves as a credit enhancer (credit...

CE IO

It stands for credit-enhancing interest only strip; an I/O strip (interest only strip) that serves as a credit enhancer (credit...

PNCPS

It stands for perpetual non-cumulative preference share; a preference share/ preferred share (preferential share) that is issued by banks with...