LIBOR-IN-ARREARS SWAP
Exchanging of interest rate; the interest rate is determined based on the interest rate paid on a specific date, not on the previous payment date. LIBOR-in-Arrears Swap encompasses exchanging one security for another in order to modify the maturity (in bonds), the quality of issues (bonds or stocks), or an answer to changing investment goals. Every payment is based on the LIBOR at the end of the payment period, unlike in the traditional LIBOR swap where the rate is based on the start or the original period.
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Liquidity Adjustment Facility
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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