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Step-Down CD

A certificate of deposit (CD) that provides its holder (account holder) with a high introductory rate that, later on, steps...

Step-Up CD

A certificate of deposit (CD) that allows the holder (depositor) to lock in an interest rate for a specific number...

WDV

The written down value (WDV) of an asset is its current replacement cost less accumulated depreciation. In general, this value...

WDRC

The written down replacement cost (WDRC) of an asset is its current replacement cost less accumulated depreciation. In general, this...

DRC

It stands for depreciated replacement cost; the depreciated replacement cost of an asset is the current replacement cost of the...

DRC

In connection with convertibles, it stands for discount reverse convertible; a reverse convertible which consists of a zero-coupon bond (discount bond) and a...

TWR

It stands for time-weighted return; a type of total return that measures the performance of a dollar invested in for the...

TVPI

It stands for total value to paid-in ratio; a return multiple that relates the current value of remaining holdings within a...

RCA

An acronym for root cause analysis; an analytical tool that is used by managers to track down the very essence...

FMV

It stands for fair market value; the price that agreed by a buyer and a seller for a specific asset...