SWAP SPREAD
The difference between the swap rate and the benchmark government bond rate. The wider the spread the worse the credit.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The difference between the swap rate and the benchmark government bond rate. The wider the spread the worse the credit.
Replacing one mode of financing for another.
Expected exposure of a derivative based on the worse performance of an underlying market resource. Refer to average expected, average worst case and terminal expected risk exposures.
A firms ability to cover its debt. The better the ratio the stronger the coverage.
The difference between the eurodollar deposits and treasury bills that mature at the same time. The less the difference the more business improvement.
the sum that the insurer or its representatives are legally required to pay through legal ruling or settlement. This sum can included medical and investigative costs.
A portfolio with different maturity rates. It increases the risk exposure but also increases profit possible. Refer to gap, gapping, matched book, open book, and mismatch.
When companies that make different elements of a product join forces. This is done when one company wants to control much of the process. Refer to conglomerate and horizontal merger.
Treasury bills that are announced but not yet priced. Upon settling they will sell as any treasury bill would. Refer to to be announced and when issued security.
The probability of bankruptcy. It is based on five financial ratios.
When an insurance company requires premiums be paid to prevent loss.
A swap of actual and fixed inflation rates. They mature in 10 or more years and are structured as annual inflation or a zero coupon inflation swap. Also called a consumer price
The exchange rate of currency as applied to insurance rates.
A note that allows investors coupon interest rates.
The process used to describe asset price fluctuation.
A reason that is legally acceptable or sufficient. A request’s just cause is essential to get certain court action. Also known as good cause.
A group of companies who have a shared interest but are not organized into a central company. Refer to Chaebol.
Individual whose loss may cripple an organization. Knowledge, creativity, inspiration, reputation, and/or skills are essential assets for organizational viability and growth.
Trend reversal candlestick pattern. Rather reliable predictor that a change in the direction of a trend is occurring. The fundamentals of a company being researched begin to show change along side this
An article taken apart, folded, or telescoped to reduce its shipping size by at least one third (33 1/3 percent) of its assembled bulk or size. Such articles, be they bicycles, fans,
This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.