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AFS Financial Asset

A category of financial assets that meets specific criteria for an available for sale (AFS) designation and classifications. These criteria...

Available For Sale Financial Asset

A category of financial assets that meets specific criteria for an available for sale (AFS) designation and classifications. These criteria...

HFTFA

A financial asset (FA) that is held for the purpose of selling or repurchasing it in the short term. It...

HFTFL

A financial liability (FL) that is assumed by an entity for the main purpose of selling or repurchasing in the...

VFA

It stands for variable fee approach; with respect to an insurance contract with direct participation features, it is the applicable...

Auto-Callable ARBN

An absolute return barrier note (ARBN) which is generally “continously callable”- i.e., with continuous call dates. This allows the note…

Agency CMO

A collateralized mortage obligation (CMO) that is issued by a government agency or a government-sponsored enterprise. Speicifically, the agency or…

PO

It stands for purchase orderer; the purchasing party to a murabaha to the purchase orderer (MPO) (or broadly a murabaha...

IV of an Option

Generally, it is the effective monetary advantage which would be obtained when an option is immediately exercised. In call options,...

APR

It stands for all price risk; a measure of comprehensive risk that is associated with positions that belong to a...