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Fallback Trigger

In fallback documentation, a trigger is an event that would activate the fallback provision (incorporated into a contract or arrangement...

SONIA

It stands for sterling overnight index average. It is an interest rate benchmark (overnight rate) published by Bank of England...

Fallback Rate

A rate of interest that can be used if the reference rate for a certain arrangement or contract (a facility,...

Fallback

In finance, fallback broadly refers to failure in attaining a desired or expected outcome/ result due to unfavorable or unexpected...

Fixed-Rate Resetting Bond

A resettable bond (resetting bond) in which the rate (underlying interest rate) may reset at the end of a certain...

Fixed-Rate Resettable Bond

A resettable bond in which the rate (underlying interest rate) may reset at the end of a certain period during...

Arrears

The aggregate of contractual payments that are due on a loan (or broadly, a debt) and that have not been...

European Style

A way of exercising specific rights attached to an instrument/ security/ contract or any other set-up which can take place...

American Style

A way of exercising specific rights attached to an instrument/ security/ contract or any other set-up which can take place...

ALPS

It stands for adjustable long-term puttable securities; a type of security (debt security such as a bond)- specifically a fixed...