The frequency with which an asset (usually a depreciable asset) is replaced by another asset, either with similar/ identical features,...
In essence, beta is a measure of how a stock’s volatility changes in relation to the overall market. An option's beta is the covariance of the option's return...
A type of exotic option in which the holder receives a payout once the price of the underlying asset reaches or exceeds a specific...
A barrier option which will be knocked out or deactivated if the outstirke barrier has been hit or touched three times during the option's life....
Arabic (ربا الفضل) for riba of surplus/ riba of excess; a type of riba that exists in, or results from, a sale transaction...
Arabic (ربا النسيئة) for a type of riba that exists in, or results from, a sale transaction (ba'i or bay') which unduly benefits one...
Basically, the predetermined interest which a lender charges on, and collects from, a borrower. The lender receives this interest over...
Arabic (ربا القرض) for riba associated with lending and borrowing (i.e., received in lending or paid in borrowing). It is a type...
It stands for target redemption forward; a structured product (specifically a target redemption note) which consists of a strip of forwards each of which...
A structured product (specifically a target redemption note) which consists of a strip of forwards each of which has its payout as the difference between...