Haircut is the difference between the market value of a security and its value when used as collateral. The haircut is intended to protect a collateral taker from losses due to declines in collateral values
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- Deck Cargo
Deck Cargo is goods shipped on the deck of a ship rather than in its holds. Due to the additional risks involved with deck cargo, traders often
Sale is transfer of ownership of some type of property from one person to another, for some consideration
- Transaction deposit
Transaction deposit is a bank deposit service in which checks or drafts against the deposit may be used to pay for purchases of goods and services.
- Global-specific risks
Global-specific risks refer to those risks that affect the MNE at the project or corporate level, but that originate at the global level (such as terrorism, environmental ...
- Funded debt
Funded debt generally, a short-term debt that has been converted into long-term debt funding.
Appreciation— in the context of exchange rate changes, a rise in the foreign exchange value of a currency that is pegged to other currencies or to gold.
- Clearing balances
Clearing balances is the deposits held with the Federal Reserve banks by depository institutions to help clear checks for payment and collection and that allow the banks using Federal Reserve services to