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Contingent CDS

A credit default swap (CDS) which is “contingent” upon the setting-off of two triggers. The first, as in an ordinary...

MRP

It stands for market risk premium; in accounting, market risk premium basically has two distinct meanings: "market risk" premium and...

NFT

It stands for non-fungible token; a type of cryptographic asset whose ownership is established by a unique digital certificate held...

KO Floater

It stands for knock-out floater; a barrier floater in which the coupon is deactivated (knocked-out) if the reference interest rate...

KISS

An abbreviation for keep it simple, stupid!. The language of derivatives (such as delta, DV01, vega, gamma, notionals, vol-vol, fugit,...

RVPI

An acronym for residual value to paid-in ratio; a return multiple that measures the net asset value (NAV) of a...

PRDC Swap

It stands for power reverse dual currency swap, which is an exotic cross-currency swap whose maturity is typically long-dated, up...

Appropriated Retained Earnings

Those retained earnings (RE)- i.e., retained profits- of an entity puts set aside (appropriates/ by appropriation) for a specific use...

Unappropriated Retained Earnings

Those retained earnings (RE)- i.e., retained profits- of an entity that have not been set aside (appropriated) for a specific...

SUN

It stands for super upside note; a structured equity-linked note which is designed to allow investors to fully leverage a...