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Accounting
Banking

Non-Statutory Reserve

Any types of reserves that are created and allocated for a specified purpose but not established by a statutory or...

Forward-Starting BDS

A forward contract which obliges the holder to buy or sell a basket default swap (BDS) at a specified time…

Nominal Value

The value that is stated on a coin or banknote (monetary assets). Nominal value refers also to the face value...

Notional Value

The nominal value or face value of a financial instrument, on which payment of interest or payoff is based and...

CPW

It stands for collateralized put-write; an options trading strategy that involves short positions in put options and the use of…

Swap Face Value

The face value of a swap is its notional principal amount; it is the nominal value that is used as...

Face Value of a Swap

The face value of a swap is its notional principal amount; it is the nominal value that is used as...

Notional Value

The nominal value that is used to calculate swap payments. For example, in an interest rate swap, each period's interest rates are...

NPA

It stands for notional principal amount; the nominal value that is used to calculate swap payments. For example, in an...

Notional Principal Amount

The nominal value that is used to calculate swap payments. For example, in an interest rate swap, each period's interest...