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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...

PECDS

An abbrevaition for par equivalent CDS spread; a measure of the creditworthiness of a bond. It sets the bond’s Z-spread…

CUSIP Number 

A nine-character numbering system that is used to identify companies and individual securities in the United States and Canada. More…

Puttable RAN

A range accrual note (RAN) that has an embedded put option. It allows the holder (investor) to put the note…

Consortium CN

A crossing network (CN) that is established and owned by a consortium- i.e., a number of partners, such as banks,…

PCPS

An abbreviation for participating convertible preferred stock; a combination of a redeemable preferred stock with common stock. The resulting stock receives…

ABS

It stands for asset backed security; a security that is created by means of a process called "securitization"- the creation...