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Immediate Historical Volatility

The volatility value which is realized during the period immediately preceding the date of forecast. This period is equal to…

Letter of Acceptance, Waiver and Consent

A template settlement agreement that is issued and promulgated by FINRA, the Financial Industry Regulatory Authority, USA. The agreement is...

AWC

An acronym for a template settlement agreement known as an acceptance, waiver, and consent agreement (issued and promulgated by FINRA,...

Credit Forward Agreement

A credit derivative which constitutes a forward contract on a credit spread. More specifically, it is a single period OTC...

FXA

It stands for forward exchange agreement; a contract that involves a foreign currency transaction and entails the payment, at maturity,...

Forward Exchange Agreement

A contract that involves a foreign currency transaction and entails the payment, at maturity, of the differences between a forward...

Swap Differential Agreement

An interest rate basis swap which entails the exchange or locking in of the spread between a bond or note...

SDA

It stands for swap differential agreement; an interest rate basis swap which entails the exchange or locking in of the...

Multiyear Restructuring Agreement

A bank debt rescheduling tool, originally introduced in 1984-1985, which provides creditor banks of a medium-term perspective for loan restructuring...

Forward Rate Agreement

FRA, for short, is an over-the-counter (OTC) agreement to apply a certain interest rate to either lending or borrowing a...