9 Results for Tag: reference

Over the Counter Trading

DefinitionOver-the-counter or off-exchange trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs via exch

Range Accrual

DefinitionIn finance, a range accrual is a type of derivative product very popular among structured-note investors. It is estimated that more than US$160 billion of Range Accrual indexed on

Canadian Originated Preferred Securities (COPrS)

Canadian Originated Preferred Securities (COPrS) What is 'Canadian Originated Preferred Securities - COPrS' A long-term subordinated debt instrument issued in Canada. COPrS (pronounced "co

Vasicek Interest Rate Model

Vasicek Interest Rate Model What is 'Vasicek Interest Rate Model' A method of modeling interest rate movement that describes the movement of an interest rate as a factor of market risk, ti

Value-Based Pricing

DefinitionValue-based price is a pricing strategy which sets prices primarily, but not exclusively, according to the perceived or estimated value of a product or service to the customer rath

Dawn Raid

DefinitionA police raid is a visit by police or other law enforcement officers often in the early morning or late at night, with the aim of using the element of surprise to arrest suspects b

Dated Date

Dated Date What is 'Dated Date' The date at which interest begins to accrue on a fixed-income security. Investors who purchase a fixed-income security between interest payment dates must a

Johannesburg Interbank Agreed Rate (JIBAR)

Johannesburg Interbank Agreed Rate (JIBAR) What is 'Johannesburg Interbank Agreed Rate - JIBAR' The money market rate that is used by South Africa. The rate comes in one-month, three-month


Libor LIBOR stands for the London InterBank Offered Rate. It is also termed as ICE LIBOR these days because the Inter Continental Exchange or ICE governs this rate. It describes the average