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PCA

It stands for prompt corrective action; a set of mandatory actions that regulators have to take in response to a...

NINJA Loan

An abbreviation for a "no income, no job and no assets" loan. It is a loan extended to an unemployed...

Five Cs

An expert system which analyzes five key factors affecting the credit decision (i.e., whether to extend credit/ lend or not)....

Put RKO

It stands for put reverse knock-out; a reverse knock-out option (RKO option) in which the barrier is at a level...

FFC Ratio

It stands for funds flow coverage ratio; a liquidity and solvency ratio that relates earnings before interest, taxes, depreciation and...

General WWR

It stands for general wrong way risk; a type of wrong way risk (WWR) that comes into play because of...

VaR

It stands for value-at-risk; the amount of loss that is expected, at some specific or pre-specified probability (confidence level), to...

PVBP

It stands for price value of a basis point; a method of measuring the price sensitivity of a fixed-income security...

XD

A symbol for ex-dividend; an interval during which a company's stock no longer carries the right to the next dividend...

OTM Warrant

An abbreviation for out-of-the-money warrant; a warrant whose exercise price exceeds the price of its underlying at a given point...