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ACRS

It stands for accelerated cost recovery system; a system of asset depreciation, for tax purposes, that determines the rate of...

APR

In a specific context, it stands for absolute priority rule; a provision in bankruptcy proceedings that determines the pecking order...

LIBOR

It stands for the London Interbank Offered Rate, i.e., the interest rate at which banks borrow funds from each other,...

ATS

It stands for alternative trading system; an electronic trading system that uses sophisticated algorithms to transmit orders in real time...

ATL

It stands for above the line; a classification of revenue and expense items that are fully and directly considered in...

ABCP

An abbreviation for asset-backed commercial paper; a short-term instrument that is backed by the cash flows from specific assets (e.g....

ASRO

It stands for average strike rate option; an option in which settlement or payment on exercise depends on the difference...

OTM

It stands for out of the money; for a derivative, it refers to a situation where it does not make...

ITM

It stands for in the money; a condition wherein the exercise price of an option is equal (or almost equal)...

NBV

It stands for net book value; the value at which an entity reports an asset on its balance sheet (statement...