Financial Dictionary

This dictionary contains:
24549
financial terms

Non deliverable swap



Non deliverable swap

Similar to a non deliverable forward, the only difference being that settlement for both parties is done through a major currency.

RELATED TERMS
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Settlement
When payment is made for a trade.

Currency
Money. The word currency mainly refers to the name and kind of money issued by each country.



SIMILAR TERMS
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Non forfeiture clause
A clause in a life insurance policy which lays out the conditions under which the policy may remain in force for a limited period if the premium remains unpaid after the expiry of the days of grace.

Non Vessel Operating Common Carriers (NVOCC)
An ocean carrier that does not own or operate their own vessels. They use less than full container loads which they ship on actual ship lines.



PREVIOUS AND NEXT TERMS
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Nominee account
An account in which the named holder holds the assets in it on behalf of another (the beneficiary).

Nominee company
A company formed by a bank or other organisation which operates nominee accounts that is, the holding of shares for the beneficial owner.

Nominee dividend
A dividend that a person receives on behalf of someone else.

Nominee interest
Interest that a person receives on behalf of someone else.

Nominee name
A name that is used by the corporation as a generic registered owner on a stock or bond certificate.

Non deliverable swap

Non forfeiture clause
A clause in a life insurance policy which lays out the conditions under which the policy may remain in force for a limited period if the premium remains unpaid after the expiry of the days of grace.

Non Vessel Operating Common Carriers (NVOCC)
An ocean carrier that does not own or operate their own vessels. They use less than full container loads which they ship on actual ship lines.

Non-accredited investor
Wealthy, sophisticated investors who do not meet SECnet worth requirements.

Non-callable
A preferred stock or bond that cannot be redeemed whenever desired by the issuer.

Non-cash charge
A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow.

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This dictionary contains 24549 terms.


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