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NOW Account

An abbreviation for negotiable order of withdrawal account; an interest bearing checking account. It is a type of transaction accounts...

CTFF

It stands for cash-to-first futures; a short cash rate that is observed from current day to the maturity date of...

5 Cs

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

RONA

It stands for return on net assets; a profitability ratio in which only interest-bearing debt along with equity are taken...

FMV

It stands for fair market value; the price at which an asset or service is paid by a willing buyer...

FV

In finance, FV stands for multiple terms depending on context. In relation to value and valuation, this includes fair value,...

Z-Tranche

A tranche that has some similarities to a zero-coupon bond. A Z tranche (zero tranche) consists of Z bonds. By...

DPS

It stands for dividends per share; a financial ratio that relates cash dividends to total shares outstanding. That is: DPS...

Z-Spread

It stands for zero-volatility spread. The basis points which are added to the yield at each point on the spot...

ZSC

It stands for zero-strike call option; a call option in which the strike price is set at zero. The underlying...