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MVA

An abbreviation for margin valuation adjustment. It is a type of cross value adjustment/ x-value adjustment (XVA) that constitute the...

BPV

It stands for basis point value; a tool that is used to measure interest rate risk, especially that associated with...

CMS Floor

A non-standard interest rate floor in which the rate used is a swap rate with a constant maturity. For example,...

APO

An abbreviation for alternative public offering; any of the alternative methods for companies looking to become public without an underwriter. ...

PIK

An abbreviation for payment in kind. It refers to interest or dividend income that is paid by a borrower through...

PAUG CDS

It also stands for pay-as-you-go CDS. A credit default swap (CDS) transaction which has as underlying a bond such as...

PAUG

It stands for pay-as-you-go swap; an inflation swap where the two counterparties exchange an inflation rate against a fixed rate...

ROA

It stands for return on assets; a profitability ratio that relates net income to total assets. Return on assets (ROA)...

CLCD

It stands for credit-linked certificate of deposit; a credit-linked hybrid that combines a deposit (certificate of deposit, CD) with a...

DRO

It stands for delayed range digital option; a digital option in which the payoff accrues as the reference price or...