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  • Tuesday, April 29, 2025
  • The Financial Encyclopedia
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DNCI

It stands for direct non-controlling interest; a type of non-controlling interest (NCI) that entails, in the case of acquisition, a...

    SBLOC

    A line of credit (L/C, LOC) that is extended to a client with assets (securities)- eligible securities- that can be...

      PLMBS

      It stands for private label mortgage backed security; a type of mortgage-backed security (MBS) that is issued by private entities...

        PL MBS

        It stands for private label mortgage backed security; a type of mortgage-backed security (MBS) that is issued by private entities...

          SPV

          An acronym for special purpose vehicle; an entity (legal entity) that is specially established to fulfill a certain narrow or...

            SPE

            It stands for special purpose entity; an entity (legal entity) that is specially established to fulfill a certain narrow or...

              POMO

              An acronym for permanent open market operation; an open market operation (OMO) that involves outright purchases or sales of securities...

                IOU

                A phonetic acronym of the expression "I owe you". Technically, it represents is a document (usually, an unofficial document) that...

                  MRO

                  An acronym for main refinancing operation; an open market operation (OMO) that entails providing one week liquidity to the banking...

                    OMO

                    An acronym for open market operation; a practice or operation that is carried out by a central bank whereby it...