SOFT LOAN
When a bank is interested in establishing good relationships with its borrowers by offering loans with below market interest rates, long repayment periods, and repeated rescheduling or rollover of the principal.
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When a bank is interested in establishing good relationships with its borrowers by offering loans with below market interest rates, long repayment periods, and repeated rescheduling or rollover of the principal.
The rule that states that a standard deviation of a market variable is in proportion to the square root of time.
The buying or selling of securities once it reaches the stop level as opposed to the traditional stop order when securities are bought or sold at the market price.
An asset secured loan usually having a low loan to value ratio given to a client with a poor credit history such as a delinquency or default. Refer to B & C
tables used to calculate finding for retirement benefits. Interest, as well as mortality rates, are factored in.
A public offer to buy stock in a takeover effort. The offer is made at a premium to make the sale attractive. Refer to twotier bid, hostile takeover, friendly takeover, takeover, and
A liquid market with large volume, strong two way flows, and a small spread. Refer to thin market.
The difference between a portfolios actual performance and its target. Indexing is used to minimize error. AKA tracking risk.
An option created with a barrier is breached. Two additional barriers are added to make the option more expensive. Refer to Twin out barrier option and barrier option.
The risk incurred if securities dont sell. Any shortfall must be covered by the underwriter. Or the risk that loss will be greater than insurance can cover.
The date a transaction is complete. AKA settlement date.
A long term option issued as a private instrument with a bond. This lowers funding costs. Refer to exwarrant, covered warrant, and bond with warrant.
Changing the appearance on financial statements to make a company look better. It is ethically questionable.
An investment strategy that tries to predict the future perfromance of an asset with minimum error. This is also called an active investment strategy or an index fund.
When a reinsurer is liable to any claims made by the insurer.
An international bank inside a US bank used for offshore business deals.
Miscellaneous credit transactions as original entries that do not fit into other recorded books. Books with used for opening entries, closing entries, transfer entries, adjustment entries, rectification entries, and rare transactions. Also
A separate living / sitting area that is not a separate room is attached to a bedroom in this hotel accommodation.
Small but continual improvements involving everyone from the chief executive to the lowest level workers achieves higher standards in quality enhancement and waste reduction. Mosaki Imai popularized it in his book ‘Kaizen:
Spatial adjusting between certain characters along a text line. Natural shape and slope improve character appearance. Letter combinations like WA and VA look awkward and slow smooth eye flow along a text