PETRODOLLARS
Cash flow paid to oil producing nations. It is rerouted to the western banking system.
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Cash flow paid to oil producing nations. It is rerouted to the western banking system.
Assets managed together to reduce risks and improve investment opportunities. Refer to diversification, risk, and theory.
A shareholders right at first choice on buying stocks. Any left are available to the market at large. AKA antidilution provision and subscription priviledge. Refer to rights issue.
When a bond price is close to its call redemption price.
The act of speculation or being in a risky position.
A swap whose structure has fixed rates. This transaction can be cancelled at a future date. Refer to callable and cancellable swap.
An insurers gross profitability. The higher the rate on a line the more gross profit.
Resources used to absorb risk in order to keep in the national regulatory requirements. Refer to economic capital, riskadjusted capital, tier 1 2 and 3 capital.
An attempt by a reinsurer who accepts the transfer of risks to expand their reinsurance portfolio. Refer to retrocedant and retrocession.
Stocks that are offered for purchase by the public by companies that have been privately purchased in an effort to reduce their debt.
Detecting actual, perceived, or anticipated financial and operating risks. Refer to risk management, risk quantification, and risk monitoring.
A safe investment model used to compare different risks of investment opportunities to determine the best choices a firm should make. Refer to discount rate and risk premium.
A German loan with transferable interest rates among investors.
When brokers sell products from another firm illegaly. The client will not have any recourse against the originating company.
Borrowing securites to sell them short to protect the long position. This is a constructive sale and creates capital gains liability.
An extension of the pure captive by an insurer or reinsurer that writes insurance to cover companies that form an
A market exchange currently taking place. Refer to market, price, and rate.
The assumption of liability by a bank that receives a fee for guaranteeing payment to investors in the event a firm doesn
A prediction of future cash flows and directional and curve risks of over the counter or exchange traded options. Refer to rolling hedge.
A short term buying and selling strategy. It takes advantage of the overreactions. Refer to position trading.