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SPOT

It stands for single payment options trading. A type of currency options trading in which an investor can choose whether...

XW

A symbol for ex-warrants; a financial security (stock, bond, etc) that is sold without the warrants that were attached thereto...

Basket-Linked CD

A certificate of deposit (CD) that links the rate of return (yield) to the performance of a basket of stocks....

Brokered CD

A certificate of deposit (CD) that is sold through a third party (brokers and dealers) rather than directly through the...

Bitter-End CD

A certificate of deposit (CD) that is kept intact by the holder for its full term. The CD offers a...

PCA

It stands for prompt corrective action; a set of mandatory actions that regulators have to take in response to a...

NINJA Loan

An abbreviation for a "no income, no job and no assets" loan. It is a loan extended to an unemployed...

Five Cs

An expert system which analyzes five key factors affecting the credit decision (i.e., whether to extend credit/ lend or not)....

Put RKO

It stands for put reverse knock-out; a reverse knock-out option (RKO option) in which the barrier is at a level...

FFC Ratio

It stands for funds flow coverage ratio; a liquidity and solvency ratio that relates earnings before interest, taxes, depreciation and...