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Accounting
Banking

Non-Recourse Leverage

The leverage in which the so-called non-recourse borrowing is used. It is not backed by collateral posted by the borrower....

Wrong-Way-Around Swap

A cross-currency swap in which the bank sponsor/ arranger pays a soft currency (such as Korean Won, Thai Baht, etc)...

Equity-Linked Structured Product

A structured product that is linked to equity. The return/ loss is determined by the performance of a stock or...

WACC

The rate a company pays to finance its assets. The weighted average cost of capital (WACC) rate tells a firm...

Share Warrant

A type of warrants whereby a company grants an investor (warrantholder) a contractual right (without the obligation) to subscribe to...

Equity Warrant

A type of warrants whereby a company grants an investor (warrantholder) a contractual right (without the obligation) to subscribe to...

Weighted Average Cost of Capital

The rate a company pays to finance its assets. The weighted average cost of capital (WACC) rate tells a firm...

Debt Snowball

A debt reduction method whereby an individual who owes more than one debt pays off first the smallest one, then...

Debt Avalanche

A debt reduction method whereby an individual who owes more than one debt pays off the debt with the highest...

Debt Warrant

A warrant that is designed to entice potential investors to purchase the underlying debt (a bond or other debt instruments)...