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Secured Overnight Financing Rate

A broad reference rate (known for short as SOFR) that measures the cost of borrowing money overnight collateralized by Treasury...

SOFR

It stands for secured overnight financing rate; a broad reference rate that measures the cost of borrowing money overnight collateralized...

Discount Rate

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

Insurance Pricing

The process whereby an insurer (insurance company) determines premium rates in a level adequate to cover and account for expected...

Rate Making

The process whereby an insurer (insurance company) determines premium rates in a level adequate to cover and account for expected...

ROL

It stands for rate on line; a measure of an insurance or reinsurance company's gross profitability, which relates insurance premiums...

Rate on Line

A measure of an insurance or reinsurance company's gross profitability, which relates insurance premiums to the line (line amount: insurance...

Turn-Round Rate

The total cost of a commodity transaction. It consists of all bid-ask spreads, exchange fees, the broker's commission (in a...

Reference Rate

A rate that is used as a reference point for determination of payment in a contract/ agreement/ instrument, etc. A...

Islamic Interbank Benchmark Rate

A Shari’a-compliant reference rate for the cost of funding in Islamic money markets. Islamic finance prohibits interest (riba) and shuns...