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Accounting
Banking

TD

In banking, TD stands for many terms including transferable deposit, time deposit, term deposit, and total deposits. Transferable deposit is...

RRS

It stands for relative return swap; an asset swap which pays at a series of pre-determined dates (fixings) the relative...

ARS

It stands for absolute return swap; an asset swap in which the payoff is made at a set of prespecified...

RPO

It stands for relative performance option; an option which pays the holder the difference between the price return of two...

NII

It stands for net interest income; the difference between the interest income a bank or a lending institution earns from...

NI

It stands for net income; the amount that results from distracting specific items from an entity's income, depending on its...

IPU

An abbreviation for index participation unit; an index-linked product that constitutes an interest in a basket of securities. It is...

WARO

It stands for weighted average rate option. An average rate option in which the weighting of a given periodical price...

PE

An asset class that consists of equity investments in privately- or closely-held companies. This type of investment is generally meant...

MER

It stands for management expense ratio; a distinct set of investment costs (mutual fund expenses) that an investor is expected...