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MIRR

It stands for modified internal rate of return; in relation to a fund/ a portfolio (also, private equity investments), it is...

ATB

It stands for against the box; a short sale which is carried out by the holder of a long position…

NPV

It stands for net present value; the current value of a series of future payments and receipts that is calculated...

AMM

Acronym for adaptive mesh model; a derivative valuation method which was developed by Figlewski and Gao (1999). It is a...

Expected IRR

It stands for expected internal rate of return; in relation to a fund/ a portfolio (also, private equity investments), it...

CMBS

It stands for commercial mortgage-backed security; A CMBS is a fixed-income security (investment, instrument, etc.) backed by mortgage loans on...

XIRR

It stands for expected internal rate of return; in relation to a fund/ a portfolio (also, private equity investments), it...

Collared FRN

A floating-rate note (FRN) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has…

SI-IRR

It stands for since-inception internal rate of return; in relation to a fund/ a portfolio (also, private equity investments), it...

PTP IRR

It stands for point-to-point internal rate of return; in relation to private equity (PE) and venture capital (VC) funds, it is...