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FFR

It stands for federal funds rate; the interest rate at which banks and other depository institutions, in the USA, lend...

EFFR

It stands for effective federal funds rate; a method of calculating the federal funds rate (fed funds rate) that produces...

MCLR

It stands for marginal cost lending rate; the minimum interest rate below which banks and financial institutions cannot lend as...

PONV

It stands for point of non-viability; a situation where a bank or other regulated institutions experience serious financial stress due...

LOLR

It stands for lender of last resort; the institution (usually a central bank or monetary agency) in a financial system...

LLR

It stands for loan loss reserve; a type of credit enhancement whereby a reserve (specifically, a cash reserve) is created...

CET1

The capital of a bank or financial institution that consists of paid-in capital, capital reserve, surplus reverse, general reserve, undistributed...

WC Promissory Note

A short form of wedding cake promissory note; a type of structured promissory note that has multiple double no touch barriers.…

RA Promissory Note

A short form of range accrual promissory note; a type of structured promissory note that has the potential to increase the…

NBFI

It stands for non-bank financial institution; a financial institution (FI) that provides an array of services, similar to those provided...