CALCULATION AGENT
A body that concludes the amount value of an investment product like swap. A calculation agent computes the worth of a derivative or the amount indebted from each individual. Another job of the agent is to set up the price for a structured goods and may act as its issuer and guarantor. This agent is not a fiduciary, but is assumed to stay away from clash of interest and act in good faith. Its decisions are regarded conclusive. If there will be a dispute on the calculation agent's conclusion, it can be resolve by an uninvolved third-party dealer.
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A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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