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Non-Controlling Interest

A stake in an entity that constitutes less than 50% of the total shares that are controlled by voting rights....

Minority Interest

A stake in an entity that constitutes less than 50% of the total shares that are controlled by voting rights....

Option Alpha

This second-order greek expresses the quality of gamma in terms of the time decay (rent). Therefore, it indicates the quality of the earnings from...

Luzum al-Aqd

The state in which a contract (aqd) is devoid of any option (khiyar) that may allow one of its parties...

Real Rate Swap

A CPI-linked swap where counterparties exchange a floating nominal rate like LIBOR on an annual basis against an inflation-indexed bond...

Rate Fixing Date

The date on which the periodic payment terms and conditions of a swap agreement are established. In other words, the rare fixing...

MS

Mid-swap (MS) is the average of bid and ask swap rates used as a benchmark for calculating total interest rate...

Dain Hal

Arabic (دين حال) for debt (dain) that is falling, or has fallen, due. Dain hal must be repaid by the...

Mid Rate

An average of a pay rate (bid rate) and a receive rate (offer rate) in an interest rate swap. A dealer...

Mid Market Swap Rate

The swap rate that makes a swap break even, i.e., renders its present value equal to zero. At this rate, the present value of the floating...