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CDO

A collateralized debt obligation (CDO) is an investment-grade bond backed by a pool of variously-rated debt obligations including government and...

TFV

It stands for true and fair view; in connection with an audit report (auditor's opinion) on an entity's financial statements...

ZEPO

A zero exercise price option which is a cash-settled European call option whose exercise price is zero or very close...

CATS

An acronym for certificates of accrual on Treasury securities. This trademark derivative instrument is based on the separation of the...

ALS

An acronym for asset-light sukuk; a sukuk structure that involves intangible assets as underlying, or in which the requirement of tangible assets is minimal. Companies...

RWA

Assets which are adjusted to relevant risks by multiplying their values by the proper risk weights. Risk-weighted assets (RWAs) measure...

ARR

It stands for accounting rate of return; the ratio of return before interest and taxes to the capital employed as...

ATOM

It stands for agricultural trade option merchant; any person who undertakes soliciting or entering option transactions involving an enumerated agricultural...

TRORS

It stands for total rate of return swap. A credit derivative in which the total return on a reference obligation...

ATO

It stands for agricultural trade option; an OTC commodity option that is traded by producers or users of the underlying...