An asset or a claim on an asset that is accepted by a beneficiary (in a financial transaction) as a...
A settlement that is effected through transfers of securities and/ or monetary amounts on the registers of a single intermediary...
A convention for calculating yield on a debt security (T-bill, bond, note, etc) that assumes settlement of trade is made…
An index participation unit (IPU) which constitutes a basket product whose components are supported by physical securities. That means this...
The past exit price for a liability. It is the price (exit price) that an entity paid or would have...
In the context of credit default swaps (CDS) and similar credit derivatives, settlement takes place once a credit event (bankruptcy,...
A procedure which is used in certain option and futures transactions whereby a transaction is settled with the cash payment...
An outright cancellation of a part of current and future external debt and equity obligations of a borrower. This constitutes...
A demand (claim) for an amount of money that is not fixed or established at the time of claim. It...
A demand (claim) for a fixed amount of money, such as an established debt of $1,000. A liquidated demand is...