<

Bank Dictionary

dhan-blog.png
23Nov, 23

SIC - Meaning

Abbreviation for Standard Industrial Classification. Each 4-digit code represents a unique business activity....

dhan-blog.png
23Nov, 23

Sleeve - Meaning

An agreement whereby an entity acts as an intermediary between an energy company and its trading counterparties. As the intermediary, the credit sleev...

dhan-blog.png
23Nov, 23

Small and Medium-Sized Enterprises (SME) - Meaning

Businesses qualify as small or medium-sized enterprises if they satisfy various capacity metrics covering for example, maximum numbers of staff, turno...

dhan-blog.png
23Nov, 23

Span - Meaning

To cover all contingencies within a specified range....

dhan-blog.png
23Nov, 23

Special Purpose Vehicle (SPV) - Meaning

A corporate entity used for a wide variety of purposes including the securitisation of loans, bonds or receivables in order to help spread the credit ...

dhan-blog.png
23Nov, 23

Speed - Meaning

Related:prepayment speed Spin-off A company can create an independent company from an existing part of the company by selling or distributing new shar...

dhan-blog.png
23Nov, 23

Standard Settlement Instructions (SSIs) - Meaning

For derivative transactions, SSIs outline the bank account details of legal entities for specific currencies and/or products....

dhan-blog.png
23Nov, 23

Straddle - Meaning

Purchase or sale of an equal number of puts and calls with the same terms at the same time. Related: spread Straight line depreciation An equal dollar...

dhan-blog.png
23Nov, 23

Tax Lot Relief Methodology - Meaning

A method of computing the cost basis of an asset that is sold in a taxable transaction. The five major lot relief methods commonly utilised are FIFO (...

dhan-blog.png
23Nov, 23

TBA (to be announced) - Meaning

A contract for the purchase or sale of a MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of ...