Financial Markets

  • failed transaction (fail)

    A failed transaction is an unsettled trade after the date on which delivery and payment were due. The failure may reflect a temporary shortfall of securities, …

  • fair value accounting (FVA)

    Fair value accounting determines the balance-sheet carrying amount of a financial instrument by reference to its market-based worth. A quoted price may be used when reliable …

  • financial asset

    A financial asset is an economic resource consisting of money held, an ownership interest in another entity or enforceable rights arising from a contract. Such rights …

  • financial auxiliary

    Financial auxiliaries are companies or comparable entities that facilitate financial services without themselves carrying out the main intermediary function. They may arrange insurance, advise investors or …

  • financial derivative (in a b.o.p. context)

    Financial derivatives are contracts whose economic outcome depends on a reference value, such as a security, commodity, market index, interest rate or exchange rate. They are …

  • financial markets

    Financial markets are organised channels for allocating capital between savers and borrowers. They enable financial claims, such as loans or securities, to be issued, traded and …

  • Financial Stability Board (FSB)

    The Financial Stability Board (FSB) is a forum for cooperation among public authorities responsible for financial regulation and supervision worldwide. It develops common approaches to financial-sector …

  • fixed rate bond

    A fixed-rate bond promises interest payments calculated at a rate established when it is issued. That rate remains unchanged until maturity, although the bond may later …

  • fixed rate instrument

    A fixed-rate instrument pays interest at a rate set when it is issued and held constant until maturity or the end of its contractual term. The …

  • foreign currency holding

    A foreign-currency holding measures an entity’s net exposure to one specified currency. It is calculated by subtracting liabilities in that currency from the corresponding claims. Each …