A pool (collection of distinct assets) whose risks and rewards (dhaman and ghunm), wholly or proportionately, are attributable to the...

It stands for first-loss credit default swap; a credit default swap (CDS) that protects its buyer (the long) from losses…

It stands for pass-through pool; a pool of collateral (underlying assets) which is created and held by a trustee holding...

A pool of collateral (underlying assets) which is created and held by a trustee holding legal title to the assets,...

A layer of loss absorption in a collateralized debt obligation (CDO) or any similar structures that is positioned between the...

A crossing network (CN) that receives and directs confidential bids and offers into the pool where all are held until…

A crossing network (CN) that receives and directs confidential bids and offers into the pool where all are held until…

A leveraged super senior tranche (a synthetic collateralized tranche) that is associated with a loss trigger. More specifically, it involves...

A type of market or stock exchange setting (ECN) where the order book (e.g., securities and price levels) is made...

An institutional unit that involves organized financial arrangements (pools) entailing the collection and combination of other financial intermediaries investor funds...