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Banking

Non-Derivative Financial Asset

A financial asset that do not derive value from an underlying asset or derivative contract. Non-derivative financial assets represent standalone...

Non-Derivative Product

A financial product whose value or performance do not depend on the value or performance of another asset (underlying asset)....

Thinly Traded Asset

An asset/ investment for which there is no liquid market (typically, a liquid public market) available. Holders of illiquid or...

CDI

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

Secured Debt

A type of debt or obligation that is secured or backed by a certain economic resource (assets, property, and other...

Unsecured Debt

A type of debt or general obligation that is not secured or protected by a guarantor, or collateralized by a...

Unsecured Debt Security

A type of fixed-income security that is not backed by collateral. It is backed only by the creditworthiness of the...

Unsecured Debt Instrument

A type of fixed-income security that is not backed by collateral. It is backed only by the creditworthiness of the...

Secured Bond

A type of bond (fixed-income security) that provides investors with a higher level of protection compared to unsecured bonds. Such...

Covered Debt Instrument

A type of fixed-income security that provides investors with a higher level of protection compared to uncovered debt securities/ unsecured...