International Finance Glossary

A

• acceptance for settlement in International Finance
• access (to an FMI) in International Finance
• access criteria (participation requirements in an FMI) in International Finance
• Addition in International Finance
• advisory netting in International Finance
• affiliate in International Finance
• aggregator (payment aggregator) in International Finance
• Asset allocation in International Finance
• Assurance in International Finance
• authentication in International Finance
• authorisation (of a transaction) in International Finance

B

• backtesting in International Finance
• Balance of Payment (BOP) in International Finance
• Balance of payments in International Finance
• Balance sheet in International Finance
• Basel Accords in International Finance
• batch settlement in International Finance
• beneficial owner in International Finance
• bilateral netting in International Finance
• Bond market in International Finance
• book entry in International Finance
• book-entry system in International Finance
• Bretton Woods system in International Finance
• business continuity in International Finance

C

• Capital account in International Finance
• Capital controls in International Finance
• Capital flight in International Finance
• caps in International Finance
• Central bank in International Finance
• central bank money in International Finance
• central counterparty (CCP) in International Finance
• central securities depository (CSD) in International Finance
• certificate in International Finance
• choice of law in International Finance
• clearing fund in International Finance
• clearing house in International Finance
• clearing in International Finance
• client/customer (of an FMI participant) in International Finance
• close out in International Finance
• close-out horizon in International Finance
• close-out period in International Finance
• collateral arrangement in International Finance
• collateral concentration limit in International Finance
• collateral in International Finance
• collateral liquidation/collateral enforcement (in a collateral arrangement) in International Finance
• collateral management service in International Finance
• collateral mismatch in International Finance
• commercial bank money in International Finance
• committed facilities in International Finance
• Commodity market in International Finance
• confirmation in International Finance
• conflict of laws in International Finance
• Convertible currency in International Finance
• cooperative arrangement (domestic/international, with respect to FMIs) in International Finance
• Corporate Governance in International Finance
• Cost of Capital in International Finance
• counterparty credit limits in International Finance
• counterparty in International Finance
• Country Risk Analysis in International Finance
• credit cap in International Finance
• Credit default swap in International Finance
• credit limit in International Finance
• Credit rating in International Finance
• credit risk in International Finance
• critical service providers (CSP) in International Finance
• cross-border collateral in International Finance
• cross-border netting scheme in International Finance
• cross-border payment in International Finance
• cross-border settlement in International Finance
• cross-margining agreement in International Finance
• cross-margining arrangement in International Finance
• Currency Arbitrage in International Finance
• Currency devaluation in International Finance
• Currency exchange in International Finance
• Currency Futures in International Finance
• Currency Option in International Finance
• Currency peg in International Finance
• Currency Swaps in International Finance
• Current account deficit in International Finance
• current exposure in International Finance
• custodian in International Finance
• custody in International Finance
• custody risk in International Finance
• cut-off time (for an FMI) in International Finance

D

• debit balance in International Finance
• debit caps in International Finance
• Debt crisis in International Finance
• Debt restructuring in International Finance
• default fund in International Finance
• default in International Finance
• Default risk in International Finance
• default waterfall in International Finance
• defaulter pays approach in International Finance
• deferred net settlement (DNS) in International Finance
• delivery versus delivery (DvD) in International Finance
• delivery versus payment (DvP) in International Finance
• dematerialisation in International Finance
• derivative in International Finance
• Derivatives in International Finance
• Devaluation in International Finance
• Development bank in International Finance
• direct holding system in International Finance
• direct participant (in an FMI) in International Finance
• DvP model 1 in International Finance
• DvP model 2 in International Finance
• DvP model 3 in International Finance

E

• Economic Exposure in International Finance
• Economic sanctions in International Finance
• eligible collateral (for central bank credit operations) in International Finance
• Emerging markets in International Finance
• end user (payment services) in International Finance
• Equity market in International Finance
• Eurobond in International Finance
• Eurozone in International Finance
• Exchange Rate Determination in International Finance
• Exchange Rate Forecasting in International Finance
• Exchange rate in International Finance
• Exchange Rate Quotations in International Finance
• Exchange rate regime in International Finance
• Exchange rate systems in International Finance
• Exchange rate volatility in International Finance
• exchange-of-value settlement system in International Finance
• exit criteria (of an FMI) in International Finance

F

• failed transaction in International Finance
• fellow-customer risk in International Finance
• final settlement in International Finance
• Financial contagion in International Finance
• Financial crisis in International Finance
• Financial globalization in International Finance
• financial market infrastructure (FMI) in International Finance
• financial resources (of an FMI) in International Finance
• Fiscal policy in International Finance
• Fixed exchange rate in International Finance
• foreign collateral in International Finance
• Foreign direct investment in International Finance
• Foreign Entry in International Finance
• Foreign Exchange in International Finance
• Foreign exchange market in International Finance
• Foreign exchange reserves in International Finance
• Foreign exchange risk in International Finance
• Forex Market in International Finance
• free of payment (FoP) in International Finance
• free of transfer (FoT) in International Finance
• Free trade agreement in International Finance
• Free trade zone in International Finance
• funds settlement in International Finance
• funds transfer system (FTS) in International Finance
• Futures market in International Finance
• FX Market in International Finance

G

• G20 in International Finance
• G7 in International Finance
• general business risk in International Finance
• Global Capital Structure in International Finance
• global custodian agent in International Finance
• global custodian in International Finance
• Global Financial Regulation in International Finance
• Global imbalances in International Finance
• global note in International Finance
• Globalization in International Finance
• governance in International Finance
• Government Intervention in International Finance
• gross settlement in International Finance
• gross settlement system in International Finance

H

• haircut in International Finance
• Hedge fund in International Finance
• High-frequency trading in International Finance
• hybrid system in International Finance

I

• immobilisation in International Finance
• Import substitution in International Finance
• Import/export in International Finance
• indirect holding system in International Finance
• indirect participant (in an FMI) in International Finance
• individual account in International Finance
• Inflation rate in International Finance
• Inflation targeting in International Finance
• initial margin in International Finance
• interdependency in International Finance
• Interest Rate Parity in International Finance
• International Asset Pricing and Valuation in International Finance
• International Cash Management in International Finance
• international central securities depository (ICSD) in International Finance
• International Finance in International Finance
• International Financial Management in International Finance
• International Monetary Fund (IMF) in International Finance
• International Monetary System in International Finance
• International Money Market in International Finance
• International Taxation in International Finance
• International trade in International Finance
• interoperability in International Finance
• intraday liquidity in International Finance
• Investment banking in International Finance
• Investment Objectives in International Finance
• investment risk in International Finance
• investor CSD in International Finance
• Inward investment in International Finance
• Islamic Banking in International Finance
• Islamic Financial Services Board – IFSB in International Finance
• Islamic financial transaction terminology in International Finance
• issuer CSD in International Finance

J

• Joint venture in International Finance
• jump-to-default risk in International Finance

L

• large-value payment system (LVPS) in International Finance
• legal ownership in International Finance
• legal risk in International Finance
• Letter of credit in International Finance
• Leverage and Nonrecourse Financing in International Finance
• Leverage in International Finance
• LIBOR (London Interbank Offered Rate) in International Finance
• link (FMI links) in International Finance
• liquidation period in International Finance
• liquidity facility in International Finance
• Liquidity in International Finance
• liquidity risk in International Finance
• liquidity saving features in International Finance
• liquidity saving mechanisms in International Finance
• Long term Financing in International Finance
• loss-sharing arrangement (for an FMI) in International Finance
• loss-sharing rule in International Finance

M

• margin in International Finance
• mark to market in International Finance
• Market capitalization in International Finance
• Market volatility in International Finance
• master agreement in International Finance
• Mergers and acquisitions in International Finance
• Microfinance in International Finance
• model risk in International Finance
• Monetary policy in International Finance
• Monetary union in International Finance
• Money laundering in International Finance
• money settlement in International Finance
• multilateral netting in International Finance
• Multilateralism in International Finance
• Multinational Capital Budgeting in International Finance
• Multinational corporation in International Finance
• Murabaha in International Finance
• Musawamah in International Finance

N

• NAFTA (North American Free Trade Agreement) in International Finance
• net credit (or debit) position in International Finance
• net settlement system in International Finance
• netting in International Finance
• Non-performing loans in International Finance
• novation in International Finance

O

• Offshore banking in International Finance
• Offshore financial center in International Finance
• Offshore investment in International Finance
• offshore system in International Finance
• omnibus account in International Finance
• OPEC in International Finance
• open offer in International Finance
• open position in International Finance
• operational risk in International Finance
• overnight credit (overnight money) in International Finance
• oversight in International Finance

P

• participant link (between CCPs) in International Finance
• payment (funds transfer) in International Finance
• payment netting in International Finance
• payment order (instruction) message in International Finance
• payment system in International Finance
• payment versus payment (PvP) in International Finance
• peer-to-peer link (between CCPs) in International Finance
• Pension fund in International Finance
• physical delivery in International Finance
• pledge in International Finance
• Political risk in International Finance
• portability in International Finance
• Portfolio diversification in International Finance
• Portfolio investment in International Finance
• portfolio margining in International Finance
• position netting in International Finance
• potential future exposure in International Finance
• pre-settlement risk in International Finance
• prefunded default arrangement in International Finance
• principal risk in International Finance
• Private equity in International Finance
• procyclicality in International Finance
• Project Finance in International Finance
• Project Finance Risks in International Finance
• Protectionism in International Finance
• provisional transfer in International Finance
• Public debt in International Finance
• Purchasing Power Parity in International Finance

Q

• Quantitative easing in International Finance
• Quantitative easing tapering in International Finance

R

• re-hypothecation in International Finance
• Real exchange rate in International Finance
• real-time gross settlement (RTGS) in International Finance
• reconciliation in International Finance
• recovery (of an FMI) in International Finance
• Remittances in International Finance
• replacement cost in International Finance
• replacement-cost risk in International Finance
• repurchase agreement (repo) in International Finance
• Reserve currency in International Finance
• retail payment system in International Finance
• reuse of collateral in International Finance
• reverse repo in International Finance
• reverse stress testing in International Finance
• Riba (Interest or Usury) in International Finance
• Risk appetite in International Finance
• Risk management in International Finance
• rolling settlement in International Finance

S

• SDR (Special Drawing Rights) in International Finance
• securities registrar in International Finance
• securities settlement system (SSS) in International Finance
• Securitization in International Finance
• segregated individual account in International Finance
• segregation in International Finance
• sender limit in International Finance
• settlement agent in International Finance
• settlement asset in International Finance
• settlement bank in International Finance
• settlement cycle in International Finance
• settlement fail in International Finance
• settlement in International Finance
• settlement lag (payment lag) in International Finance
• settlement obligation in International Finance
• settlement risk in International Finance
• settlement system in International Finance
• Shariah-Compliant Asset Management in International Finance
• Shariah-Compliant Funds in International Finance
• Short term Financing in International Finance
• single point of failure in International Finance
• Sovereign debt in International Finance
• Sovereign wealth fund in International Finance
• specific wrong-way risk in International Finance
• Spot Exchange Rates in International Finance
• Stock exchange in International Finance
• Stock market in International Finance
• straight through processing (STP) in International Finance
• stress testing in International Finance
• Structured finance in International Finance
• Subsidies in International Finance
• substitution in International Finance
• survivors pay in International Finance
• Swap agreement in International Finance
• systemic disruption in International Finance
• systemic risk in International Finance
• systemically important payment system (SIPS) in International Finance

T

• Tariffs in International Finance
• Tax evasion in International Finance
• Tax haven in International Finance
• third-party service provider to an FMI in International Finance
• tiered participation arrangement in International Finance
• Trade deficit in International Finance
• Trade finance in International Finance
• trade repository (TR) in International Finance
• Transaction Exposure in International Finance
• transfer in International Finance
• Transfer pricing in International Finance
• Translation Exposure in International Finance

U

• unwind in International Finance

V

• value date in International Finance
• variation margin in International Finance
• Venture capital in International Finance
• Volatility index (VIX) in International Finance

W

• waterfall in International Finance
• Wealth management in International Finance
• wind down in International Finance
• World Bank in International Finance
• World Economic Forum (WEF) in International Finance
• World Trade Organization (WTO) in International Finance

Y

• Yen carry trade in International Finance
• Yuan internationalization in International Finance

Z

• zero hour rule in International Finance
• Zero-coupon bond in International Finance