General Finance

General Finance

Industry: Financial services

Add a new term

Contributors in General Finance

Become a Contributors

General Finance

spot interest rate

Financial services; General Finance

Interest rate fixed today on a loan that is made today. Related: Forward interest rates.

swap reversal

Financial services; General Finance

An interest rate swap designed to end a counterparty's role in another interest rate swap, accomplished by counterbalancing the original swap in maturity, reference rate, and notional amount.

temporary investment

Financial services; General Finance

A short-term investment, such as a money market fund, Treasury bills, or short-term CD, which is usually held a year or less.

type

Financial services; General Finance

The classification of an option contract as either a put or a call.

selling group

Financial services; General Finance

All banks involved in selling or marketing a new issue of stock or bonds.

spot lending

Financial services; General Finance

Originating mortgages by processing applications taken directly from prospective borrowers.

swap sale

Financial services; General Finance

Also called a swap assignment, a transaction that ends one counterparty's role in an interest rate swap by substituting a new counterparty whose credit is acceptable to the other original ...