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Banking

Cross Border Risk

A risk that engulfs international investments as reflected in the volatility of returns due to events pertaining to a specific...

Brownfield Investment

The funds which are invested in rehabilitating old facilities or locations which had been used by unclean industries such as...

Big Mac PPP

A price index (introduced by The Economist in 1986) that uses the McDonald's Big Mac sandwich as a bundle of...

Absolute Purchasing Power Parity

A version of purchasing power parity (PPP) that predicts the exchange rate to adjust so that the internal purchasing power...

Annual Rate of Inflation

The rate which captures the amount of change in inflation over one year relative to the price level in the...

Brady Bonds

US dollar- denominated bonds which were issued, mostly in the 1980s, by developing and underdeveloped countries, mainly in Latin America,...

Back-To-Back Loan

A loan, similar in structure to a parallel loan, whereby multinational parent corporations operating in two different countries lend each...

Eurodollar

A type of Eurocurrency that constitutes a dollar-denominated deposit made in a foreign bank or a foreign branch of a...

Relative PPP

A form of purchasing power parity (PPP) that, contrary to the absolute purchasing power parity, takes market imperfections into account,...

Relative Purchasing Power Parity

A form of purchasing power parity (PPP) that, contrary to the absolute purchasing power parity, takes market imperfections into account,...