SWAP NETWORK
Global network of central banks creating a reciprocal credit line relationship to temporary swap currencies. The network aims to give every bank the opportunity to exchange a set amount of one another’s currencies simultaneously in order to stabilize its own currency and improve liquidity conditions. Normally, repayment periods last for three months but debt holders can prolong the terms. Also called currency swap line or temporary reciprocal currency arrangement.
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Senior Bank Loan
Senior Bank Loan is a debt financing obligation. Senior bank loans are issued by the financial institution, typically a bank, to an entity that may ...
Regulatory Asset
Specific costs or revenues that a utility is permitted to defer to its balance sheet, instead of reporting them on the income statement of a compan ...
Multiple Tops
Reversal chart formation that exhibits the deficit of a security to break through to new peaks on several occasions, which tells a strong sell sign ...
Iceberg Order
Huge single order that was split into several smaller lots, usually through an automated program to conceal the true order quantity.
IRS Publication 910
A document that gives information on the free resources the agency offers. Published by the Internal Revenue Services (IRS), it identifies many of ...
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