The exchange rate of currency as applied to insurance rates.

A security where the price goes down when the interest rates do.

When executives sit on eachothers boards. They are considered independant. Refer to filz and interlocking directorate.

When two assets prices are averaged together to make the basic price more stable.

The interest rate for a project assuming it will break even.

A credit risk method introduced in 2004. It allows the bank to use its own method.

Accounting rules accepted by all countries. Also called generally accepted accounting principles.

A bank started in 1946 to help the post war efforts. Also called a world bank or international finance corporation.

An international bank inside a US bank used for offshore business deals.

A bank started in 1956 to help third world development through loans.

A group who facilitates international bond trading.

A group that represents over the counter derivatives marketplace internationally.

An international panel that sets up accounting practices. Refer to financial accounting standards board.

The act of adding a middle man simply to boost commissions. Refer to affirmative and negative obligation.

When an underlying asset is worth more. Refer to atthemoney, moneyness, or out of the money.

A broker who helps their client with their strategy. They cannot hold funds to they use the FCM.

A note that allows investors coupon interest rates.