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Accrued Market Discount

The increase in the value of a bond that results from buying the bond at a discount from face value (par…

Principal Protected ARBN

An absolute return barrier note (ARBN) (a structured product) in which the coupon is linked to an underlying security or…

Convertible Asset Swap

An asset swap whose underlying is a convertible security. In terms of composition, it is a combination of an asset…

Swap Face Value

The face value of a swap is its notional principal amount; it is the nominal value that is used as...

Face Value of a Swap

The face value of a swap is its notional principal amount; it is the nominal value that is used as...

Face Value

The principal amount of an instrument (sukuk), a debt (qard, zhemam or receivables, etc), or an account (deposit). For example,...

Nominal Value

The principal amount of an instrument (sukuk), a debt (qard, zhemam or receivables, etc), or an account (deposit). For example,...

FV

In finance, FV stands for multiple terms depending on context. In relation to value and valuation, this includes fair value,...

At Par

Trading a debt security like a bond/ note at a price equal to its par value (face value). Face value/...

Below Par

Trading a debt security like a bond/ note at a price lower than its par value (face value). Face value/...