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Banking

Super Senior Swap

A credit swap (credit default swap, CDS) in which the risk is not transferred to the counterparty (protection seller) unless...

Cash-Like Security

A security that has characteristics similar to cash, particularly in terms of its liquidity and connection with changes in market...

Cross Default Provision

A provision/ clause a default in a loan, bond, or swap agreement that triggers default in another. The provision states...

Credit Quality

The degree by which a natural or legal person is able to pay off its loans and meet its financial...

Capital Structure

A combination of different sources of funding for an entity, whereby it will finance its assets and operations (and growth)....

Investment Grade

A grade for securities (debt securities such as bonds or notes) having a short term rating of at least A-1...

Unfunded Swap Exchange Traded Fund

An exchange traded fund (ETF), specifically a swap exchange traded fund (swap ETF) that is structured to replicate its index...

FFS ETF

It stand for fully funded swap exchange traded fund; an exchange traded fund (ETF), specifically a swap exchange traded fund...

Unfunded Swap ETF

An exchange traded fund (ETF), specifically a swap exchange traded fund (swap ETF) that is structured to replicate its index...

Fully Funded Swap ETF

An exchange traded fund (ETF), specifically a swap exchange traded fund (swap ETF), that replicates its index with a fully...