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CMO

It stands for collateralized mortgage obligation; a structured product that is backed and collateralized by a pool of mortgage loans...

LTD

An acronym for long-term debt; a company's debt obligations that mature (fall due) after one year or more (or beyond...

MMY

An acronym for money market yield; the interest rate (expressed as a percentage rate of return, or yield) that is,...

YEP

It stands for yield enhancement product; a structured product that provides a predefined yield in return for a downside risk....

CRP

It stands for country risk premium; the risk premium (additional return) that investors expects to earn from investing in a...

IPU

An abbreviation for index participation unit; an index-linked product that constitutes an interest in a basket of securities. It is...

PE

An asset class that consists of equity investments in privately- or closely-held companies. This type of investment is generally meant...

AUM

It stands for assets under management; a category of assets that are beneficially owned by an entity's clients and not...

AUA

It stands for assets under administration; a group of assets that are beneficially owned by an entity's clients, while the...

SCN

It stands for snowball coupon note; a structured product in which the payment of a one-off conditional coupon- known as...