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DTD

It stands for distance to default; a measure of risk that is based on the probability distribution of the income...

CoC

A call option on a call option. It gives the holder the right, without the obligation, to purchase a call...

YEN

It stands for yield-enhanced note; a type of mandatory convertible preferred which is typically issued at a zero premium and...

ATN

It stands for alternative trading network; an electronic trading system that uses sophisticated algorithms to transmit orders in real time...

ACRS

It stands for accelerated cost recovery system; a system of asset depreciation, for tax purposes, that determines the rate of...

APR

In a specific context, it stands for absolute priority rule; a provision in bankruptcy proceedings that determines the pecking order...

LIBOR

It stands for the London Interbank Offered Rate, i.e., the interest rate at which banks borrow funds from each other,...

ATS

It stands for alternative trading system; an electronic trading system that uses sophisticated algorithms to transmit orders in real time...

ATL

It stands for above the line; a classification of revenue and expense items that are fully and directly considered in...

ABCP

An abbreviation for asset-backed commercial paper; a short-term instrument that is backed by the cash flows from specific assets (e.g....