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DL Bond

It stands for drop lock bond; a floating-rate bond that converts into a fixed coupon obligation when a reference interest…

ADTV

It stands for average daily trading volume; the average number of securities (e.g., shares) traded over a specific period of...

FPL

It stands for full payout lease; another term for capital lease; a lease in which a lessor finances the leased...

ADV

It stands for average daily volume; the average number of securities (e.g., shares) traded over a specific period of time...

ATI

It may stand for adjusted tainted income; in Australian parlance, it refers to an entity's income that relates to passive...

AT-1 Sukuk

It stands for additional tier-1 sukuk; the additional proceeds from a sukuk issuance that are used to enhance an entity's...

STIR Futures

An abbreviation for short-term interest rate futures. It is an interest rate futures contract in which the underlying is typically...

SATB

A short sale against the box (SATB) of a stock  is a trade in which the seller actually owns the…

IIC

An abbreviation for inflation-indexed cap; an inflation derivative that pays out if inflation (as measured by percentage increase in the…

CRV 

It stands for cash realizable value; The amount that a company expects to realize in cash (naqd) or cash equivalent…