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PEPS

It stands for premium equity participating security; a mandatory convertible (a trust convertible preferred security, trust CPS) that represents a...

TARGETS

A structured convertible that stands for targeted growth enhanced terms securities. It is a variation of mandatory convertible securities that...

TAPS

A structured convertible that stands for threshold appreciation price securities. It is a variation of mandatory convertible securities that was...

CEV

For an asset, cash equivalent value (CEV) is a measure of revenue that a firm receives from customers. More specifically,...

DEMAT

A short form for dematerialisation/ dematerialization; the process that eliminates physical records (certificates or documents) of title indicating ownership of...

NCC

It stands for net credit cap; an upper or maximum limit (cap) that is placed on the credit exposure (credit...

RFR

It stands for risk-free rate; the interest rate that would exist on a riskless asset/ investment/ security, given that expected...

PDV

An acronym for present discounted value; the value (also known as present value) that is calculated today for a stream...

PV

It stands for present value; the value that is calculated today for a stream of future payments associated with, i.e.,...

CC

It stands for capped call; a structured product that does provide full, or at least partial, capital protection subject to...