An acronym for stand-by arrangement; an economic program (lending facility) of the International Monetary Fund (IMF) whereby a financial aid...
It stands for interim internal rate of return; in relation to private equity (PE) and venture capital (VC) funds, it...
It stands for floating-rate note; a medium to long-term debt obligation (note) that has its coupon rate linked to some…
An abbreviation for floating-rate collateralized obligation; a collateralized mortgage obligation (CMO) that pays an adjustable rate of interest that is…
A zero coupon swap (ZCS) in which the zero coupon leg has the right, without the obligation, to call off…
A floating-rate note (FRN or floater) in which coupons are reset quarterly or semi-annually to the coupon on the newly…
It may stand for structured trade finance; a type of debt finance that involves a structure consisting of multiple trade...
An acronym for single-tranche collateralized debt obligation; a synthetic structure that consists of a single tranche. It is simpler than…
Abbreviation for spread-adjusted note; a debt instrument that bears a base rate fixed or linked to a sovereign rate (Treasury…
It stands for tranche thickness loss multiple; in relation to a tranche and tranche thickness, it is the loss coverage...