A Bond Market Association (BMA) swap is an interest rate swap in which one party pays a fixed interest rate and receives...

An abbreviation for foreign exchange target redemption note (also termed: FX target accrual redemption note); a long-dated FX product which allows counterparties to link to...

It stands for investment risk reserve; a reserve that is created by an Islamic bank by appropriating a specific amount out of...

It stands for arm's length principle; a market standard that assumes a normal transaction to be one which is entered...

It stands for reverse knock-out option; a knock-out option in which the barrier is triggered when the option gets in the money (ITM). The barrier level knocking...

It stands for zero-coupon swap; an inflation-indexed swap whereby a single fixed payment is due at the unique (final) payment date...

It stands for interest-only swap; a form of cross currency swap that entails no exchange of principal in two different...

It stands for coupon-only swap; a form of cross currency swap that entails no exchange of principal in two different...

It stands for actual cost; broadly speaking, it is the exact amount of expense that is incurred in connection with...

An accounting method that is applied as an inventory control for the practical purpose of categorizing inventory by order of...