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Banking

CDI

It stands for covered debt instrument; a type of fixed-income security that provides investors with a higher level of protection...

IBCL

It stands for interbank call loan; a type of interbank loan that extended by a bank to another in the...

ETP

An acronym for exchange-traded product; a financial product that tracks certain securities, an index/ benchmark, a currency, a commodity, or...

ETN

It stands for exchange-traded note; an exchange-traded security (debt security) that is backed by the creditworthiness of the issuer and...

ETF

It stands for exchange-traded fund; a basket of securities that is linked to an underlying index for the purpose of...

PC

It stands for participation certificate; a form of compound financial instrument that gives it holders the right to share in...

COP

It stands for certificate of participation; a form of compound financial instrument that gives it holders the right to share...

GWC

It stands for gross working capital; the amount of funding that is assigned to an entity's current assets (e.g., cash,...

NWC

An acronym for net working capital; the difference between an entity's current assets (e.g., cash, accounts receivable, and inventories of...

ESFR

It stands excess servicing fee receivables; with respect to a pool of mortgages (mortgage loans)- and generally any type of...