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Accounting
Banking

Interbank Rate

The interest rate which banks charge on short-term loans with reasonable market size (usually in Eurodollars) offered to other banks....

Forward Interest Rate

An interest rate which is expected to prevail during a specific future period or at a given date in the...

Compounding

A technique which is used to convert an interest rate of a given period into an interest rate of a...

Compounding Interest Rate

A technique which is used to convert an interest rate of a given period into an interest rate of a...

Periodic Rate

The interest rate that results from converting the stated annual interest rate to a rate associated with a partial period....

Z-Spread

The spread that would be realized over the whole risk-free spot rate curve if a given risky security such as...

Zero Rate

A zero-coupon interest rate is the rate of interest earned on an investment that is made over a given period...

Discount Rate

The interest rate that is used in discounting the cash flows of an instrument, firm or project to determine its...

Ex-Interest

"Ex" is Latin for without. Ex-interest means "without interest". An interest rate quotation norm that is used in quoting prices...

Prime Rate

The short-term interest rate that is charged by banks to their most creditworthy, financially sound customers, i.e. customers who have...