It stands for marginal cost lending rate; the minimum interest rate below which banks and financial institutions cannot lend as...
It stands for capital redemption reserve; a reserve that is set aside for buy-back schemes and redemptions of preference capital...
It stands for bed and breakfast; the functional, but not necessarily the economic, equivalent of an overnight repurchase agreement (repo)....
It stands for exchange-traded option; an option (exchange-traded derivative) that trades on organized and regulated exchanges, as opposed to options…
It stands for exchange of futures for physicals. By definition, it is a transaction that involves simultaneously taking a cash…
It stands for dividend equalization reserve; a reserve (type of a specific reserve) that is created specifically for the purpose...
It stands for outstanding notional amount; the gross nominal or notional value of all derivatives contracts that have been concluded,...
It stands for Euro interbank offered rate; an interest rate that is based on the average interest rates at which...
A non-audit service (NAS) that an auditor/ audit firm cannot provide to an auditee (an audited firm). Specific services other...
An acronym for average aggregate notional amount; the sum of the total outstanding notional amounts (ONA) of non-cleared derivative positions...