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HIC Repo

An abbreviation for hold-in-custody repo; a form of repurchase agreement (repo) in which the borrower of cash doesn't deliver out...

MLCD

It stands for market-linked certificate of deposit; a certificate of deposit (CD) that is linked to the performance of some market...

ZBA

It stands for zero-balance account; a checking account (current account) that requires no balance. Rather, it is designed to help...

PECS

An acronym for par equivalent CDS spread; a measure of the creditworthiness of a bond. It sets the bond’s Z-spread...

OCF

A liquidity and solvency ratio that measures a company's ability to generate cash from its operations to cover its liabilities....

CAPEX

It stands for capital expenditure and represents the amount of money expensed for long-term investments. In other words, it refers...

MLD

It stands for market-linked debenture; a structured product that constitutes a loan taken by a firm from the market that...

VM

It stands for volume momentum; a volume indicator that is calculated by finding the change in volume over a given...

ZCC

An abbreviation for zero-coupon convertible; a convertible that comes with no annual coupon, but rather it is issued at a...

ZBA

It stands for zero-balance account; a corporate checking account in which a zero balance is maintained. Differently put, this constitutes...