AD VALOREM

AD VALOREM

This is a Latin term, which means according to the value (%age of X) 

AVERAGE MATURITY

AVERAGE MATURITY

The weighted average of the maturities for all debt securities in the portfolio 

ASK PRICE

ASK PRICE

Price at which a seller is offering/selling the security.

AMORTISATION

AMORTISATION

Periodic reduction in loan amount in the form of part pre-payments of the principal amount.

ACTUAL/365 or ACTUAL/ACTUAL

ACTUAL/365 or ACTUAL/ACTUAL

It is a method of representing day count/convention. The Numerator indicates the difference between two dates as actual number of calender days, while the denominator indicating number of days in a year. 365 for a regular and 366 for a leap year.

ARBITRAGE

ARBITRAGE

Buying/selling of securities in different markets in order to take advantage of difference in price for the same asset.  

ACCRUED INTEREST

ACCRUED INTEREST

Amount of Interest that has been accumulated as of a specific date but has not yet been paid.

ASSETS

ASSETS

A resource which is owned and control by a Business, person or an economic entity.