An abbreviation for adjustable-rate preferred stock; a preferred stock whose dividend is reset at specified periods based, for example, on...
An abbreviation for approved deferred share trust; a trust fund that a company creates for the purpose of buying shares...
An abbreviation for asset-backed commercial paper money market fund liquidity facility; funding that is provided at a discount rate to...
It stands for extended-hours trading; Electronic trading that occurs after the close of the formal trading session. Trading after these...
It stands for principal only; the principal-only portion of a mortgage loan or a mortgage-backed security (MBS). Financial institutions, especially...
It stands for fixed-coupon note; a note that provides the investor with fixed coupon payment over the course of its...
It stands for interest only; one of two components (strips or tranches) of a mortgage-backed security (MBS) or other types...
It stands for dual currency deposit; a structured product that involves two different currencies. It allows a depositor to capitalize...
It stands for knock-out floating rate note; a barrier floating rate note in which the coupon is deactivated (knocked-out) if...
It stands for rate on line; a measure of an insurance or reinsurance company's gross profitability, which relates insurance premiums...