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NFT

It stands for non-fungible token; a type of cryptographic asset whose ownership is established by a unique digital certificate held...

Non-Fungible Token

A type of cryptographic asset whose ownership is established by a unique digital certificate held as an entry on blockchain....

Above-Water Asset

An asset whose market value exceeds its book value. In other words, assets such as bonds, CDOs, mortgages, are said...

Recoverable Value

An value/ amount that is equal to the higher of an asset's fair value less costs to sell and its...

Qualifying Asset

An asset whose preparation for its intended use, sale or disposal takes a "substantial" amount of time which primarily depends...

Special Purpose Entity

A legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed for the sole purpose of achieving...

SPE

It stands for special purpose entity; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...

Special Purpose Vehicle

A legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed for the sole purpose of achieving...

SPV

It stands for special purpose vehicle; a legal entity (such as corporate entity, limited partnership, trust, etc.) that is formed...

Asset Warrant

A warrant that is issued by a third-party (i.e., neither a company on its own equity or debt nor holders...