Finance Acronyms & Important Terms/Words

A

A Nasdaq symbol indicating that stocks of a particular company are class A stocks.

AAA

Triple-A (AAA) rated Bonds are the highest rated bonds and are considered very safe.

ABI

Absolute Breadth Index

ACRS

Accelerated Cost Recovery System

ARR

Accounting Rate of Return

AP

Accounts Payable

AR

Accounts Receivable

ABB

Activity Based Budgeting

ABM

Activity Based Management

ADF

Andorran Franc

ARM

Adjustable-Rate Mortgage

ACB

Adjusted Cost Base

AGI

Adjusted Gross Income

APV

Adjusted Present Value

AD

Advance/Decline Line

AED

U.A.E. Dirham

AFA

Afghanistan Afghani

ATOI

After Tax Operating Income

AHT

After-Hours Trading

ALL

Albanian Lek

AON

All Or None

AMT

Alternative Minimum Tax

ADR

American Depositary Receipt

ADS

American Depositary Share

AMEX

American Stock Exchange

ANG

Netherlands Antilles Guilder

AER

Annual Equivalent Rate

AGM

Annual General Meeting

APR

Annual Percentage Rate

APY

Annual Percentage Yield

AON

Angolan New Kwanza

APT

Arbitrage Pricing Theory

ARS

Argentinian Nuevo Peso

AXJ

Asia Ex-Japan

ABF

Asian Bond Fund

AAF

Asset Allocation Fund

ASCOT

Asset Swapped Convertible Option Transaction

AUM

Assets Under Management

AIR

Assumed Interest Rate

ADSL

Asymmetric Digital Subscriber Line

ATHEX

Athens Stock Exchange

ATS

Austrian Schillings

AMPS

Auction Market Preferred Stock

AUD

Australian dollar

ASX

Australian Stock Exchange

ABS

Automated Bond System

ACT

Automated Confirmation Transaction Service

ACATS

Automated Customer Account Transfer Service

AAGR

Average Annual Growth Rate

AAR

Average Annual Return

ADTV

Average Daily Trading Volume

ADX

Average Directional Index

AQO

Average Qualitative Opinion

ATR

Average True Range

AWG

Aruba Guilder

B

BSE

Bahrain Stock Exchange

BOP

Balance Of Payments

BOT

Balance Of Trade

BIS

Bank For International Settlements

BIC

Bank Investment Contract

BOE

Bank of England

BOJ

Bank Of Japan

BA

Banker’s Acceptance

B/D

Barrels Per Day

BPS

Basis Point

BBD

Barbados Dollar

BDT

Bangladesh Taka

BI

Beginning Inventory

BSE

Beirut Stock Exchange

BCR

Benefit Cost Ratio

BSX

Bermuda Stock Exchange

BGN

Bulgarian Lev

BHD

Bahraini Dinar

BIF

Burundi Franc

BMD

Bermudian Dollar

BND

Brunei Dollar

BCE

Board Certified In Estate Planning

BOD

Board Of Directors

BOB

Bolivian Boliviano

BBV

Bolsa Boliviana de Valores

BAN

Bond Anticipation Note

BEY

Bond Equivalent Yield

BRL

Brazilian Real

BSD

Bahamanian Dollar

BTN

Bhutan Ngultrum

BDC

Business Development Company

BIMBO

Buy-In Management Buyout

BWP

Botswana Pula

BZP

Belize Dollar

C

CAD

Canadian Dollar

CATC

Chicago Analytic Trading Company

CIV

Calculated Intangible Value

CESG

Canada Education Savings Grant

CRA

Canada Revenue Agency

CCMA

Canadian Capital Markets Association

CIPF

Canadian Investor Protection Fund

CMHC

Canadian Mortgage and Housing Corporation

CCA

Capital Cost Allowance

CDA

Capital Dividend Account

CAPEX

Capital Expenditure

CML

Capital Market Line

CCC

Cash Conversion Cycle

CDPU

Cash Distribution Per Unit

CEPS

Cash Earnings Per Share

CF

Cash Flow

CFAT

Cash Flow After Taxes

CFPS

Cash Flow Per Share

CFROI

Cash Flow Return on Investment

CFTB

Commodities Futures Trade Board

CMB

Cash Management Bill

COD

Cash On Delivery

CROGI

Cash Return on Gross Investment

VXN

CBOE Nasdaq Volatility Index

CPF

Central Provident Fund

CD

Certificate Of Deposit

COUGRS

Certificate of Government Receipts

COP

Certificate of Participation

CAS

Certified Annuity Specialist

CFS

Certified Fund Specialist

CIMC

Certified Investment Management Consultant

CIMS

Certified Investment Management Specialist

CPA

Certified Public Accountant

CSC

Certified Senior Consultant

CFA

Chartered Financial Analyst

CIC

Chartered Investment Councelor

CMT

Chartered Market Technician

CTD

Cheapest to Deliver

CHF

Swiss franc

CBOE

Chicago Board Options Exchange

CEO

Chief Executive Officer

CFO

Chief Financial Officer

COO

Chief Operating Officer

CSO

Chief Security Officer

CISO

Chief Information Security Officer

CDR

Chinese Depositary Receipt

CINS

CUSIP International Numbering System

CMP

Civil Money Penalty

CLP

Chili Peso

CNY

China Yuan Renminbi

CV

Coefficient Of Variation

CDO

Collateralized Debt Obligation

CLO

Collateralized Loan Obligation

CMO

Collateralized Mortgage Obligation

CLTV

Combined Loan To Value Ratio

CMBS

Commercial Mortgage-Backed Securities

CFTC

Commodity Futures Trading Commission

CRB

Commodity Research Bureau Index

CSI

Commodity Selection Index

CTA

Commodity Trading Advisor

COLI

Company Owned Life Insurance

CAV

Compound Accreted Value

CAGR

Compound Annual Growth Rate

CPR

Conditional Prepayment Rate

CCLIA

Connie Lee – College Construction Loan Insurance Association

COBRA

Consolidated Omnibus Budget Reconciliation Act

CCI

Consumer Confidence Index

CPG

Consumer Packaged Goods

CPI

Consumer Price Index

CCAPM

Consumption Capital Asset Pricing Model

COCOS

Contingent Convertibles

CDSC

Contingent Deferred Sales Charge

CVR

Contingent Value Rights

COP

Colombian Peso

CFR

Cost and Freight

COGS

Cost Of Goods Sold

CPC

Cost Per Click

CPM

Cost Per Thousand

CIF

Cost, Insurance and Freight

CER

Coupon Equivalent Rate

CRC

Costa Rican Colon

CLN

Credit Linked Note

CVI

Cumulative Volume Index

CUP

Cuban Peso

CAF

Currency Adjustment Factor

CCS

Current Cost of Supplies

CUSIP

Committee on Uniform Securities Identification Procedures

CTI

Customer Type Indicator Codes

CVE

Cape Verde Escudo

CYP

Cyprus Pound

CZK

Czech Koruna

D

D

DAX

German Stocks

DPO

Days Payable Outstanding

DSI

Days Sales Of Inventory

DSO

Days Sales Outstanding

DECS

Debt Exchangeable for Common Stock

DSCR

Debt-Service Coverage Ratio

DTI

Debt-To-Income Ratio

DIP

Debtor in Possession

DIP

Debtor-in-Possession Financing

DAC

Deferred Acquisition Costs

DES

Delivered Ex Ship

DVP

Delivery Versus Payment

DWAC

Deposit/Withdrawal at Custodian

DTCC

Depository Trust & Clearing Corporation

DTC

Depository Trust Company

DTCT

Depository Trust Company Tracking

DOT

Designated Order Turnaround

DSE

Dhaka Stock Exchange

DAT

Direct Access Trading

DPP

Direct Participation Program

DSPP

Direct Stock Purchase Plan

DMI

Directional Movement Index

DCF

Discounted Cash Flow

DLOM

Discounts For Lack Of Marketability

DNI

Distributable Net Income

DDM

Dividend Discount Model

DECS

Dividend Enhanced Convertible Stock

DRIP

Dividend Reinvestment Plan

DRD

Dividends Received Deduction

DJF

Djibourti Franc

DKK

Danish Krone

DRIFT

Do It Right The First Time

DNI

Do Not Increase

DNR

Do Not Reduce

DCA

Dollar-Cost Averaging

DK

Don’t Know

DOP

Dominican Republic Peso

DJ-AIGCI

Dow Jones AIG Commodity Index

DJIA

Dow Jones Industrial Average

DJTA

Dow Jones Transportation Average

DJUA

Dow Jones Utility Average

DAIO

Down-and-In Option

DAOO

Down-and-Out Option

DINKS

Dual Income, No Kids

DEWKS

Dually Employed With Kids

E

EIC

Earned Income Credit

EBIT

Earnings Before Interest & Tax

EBIAT

Earnings Before Interest After Taxes

EBIDA

Earnings Before Interest, Depreciation And Amortization

EBITD

Earnings Before Interest, Tax and Depreciation

EBITDA

Earnings Before Interest, Taxes, Depreciation and Amortization

EBITDAL

Earnings Before Interest, Taxes, Depreciation, Amortization And Special Losses

EBITDAR

Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring or Rent Costs

EBITDAX

Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization, and Exploration Expenses

EBT

Earnings Before Tax

EPS

Earnings Per Share

EOQ

Economic Order Quantity

EVA

Economic Value Added

EVE

Economic Value Of Equity

EKK

Estonian Kroon

EMH

Efficient Market Hypothesis

EGP

Egyptian Pound.

ECN

Electronic Communication Network

EDGAR

Electronic Data Gathering, Analysis and Retrieval

EITF

Emerging Issues Task Force

EBSA

Employee Benefits Security Administration

EBO

Employee Buyout

ERISA

Employee Retirement Income Security Act

ESOT

Employee Share Ownership Trust

ESO

Employee Stock Option

ESOP

Employee Stock Ownership Plan

ETA

Employment And Training Administration

ECI

Employment Cost Index

EV/EBITDA

ERP

Enterprise Resource Planning

EV

Enterprise Value

ECM

Equity Capital Market

ELN

Equity Linked Note

EMC

Equity Market Capitalization

EPP

Equity Premium Puzzle

ETB

Ethiopian Birr

EUR

Euro

EURIBOR

Euro Interbank Offer Rate

EMTN

Euro Medium Term Note

EONIA

Euro Overnight Index Average

EAFE

Europe, Australasia, Far East

EMEA

Europe, Middle East and Africa

ECB

European Central Bank

EMU

European Economic and Monetary Union

EMS

European Monetary System

EXW

Ex Works

ETF

Exchange-Traded Fund

MER

Expense Ratio

EMA

Exponential Moving Average

F

F

FLP

Family Limited Partnership

FCC

Federal Communications Commission

FDIC

Federal Deposit Insurance Corporation

FFCS

Federal Farm Credit System

FOMC

Federal Open Market Committee

FRB

Federal Reserve Board

FTC

Federal Trade Commission

FICO

FOK

Fill Or Kill

FASB

Financial Accounting Standards Board

FY

Fiscal Year

FAB

Five Against Bond Spread

FJD

Fiji Dollar

FKP

Falkland Islands Pound

FLEX

Flexible Exchange Option

FSA

Flexible Spending Account

FRN

Floating-Rate Note

FOF

Flow Of Funds

FMAN

February, May, August, and November

FDA

Food And Drug Administration

FII

Foreign Institutional Investor

FRODOR

Foreign Official Dollar Reserves

FIE

Foreign-Invested Enterprise

FX

Forex

FRA

Forward Rate Agreement

FTM

Forward Triangular Merger

FHLMC

Freddie Mac – Federal Home Loan Mortgage Corp

FAS

Free Alongside

FAR

Free Asset Ratio

FCF

Free Cash Flow

FCFF

Free Cash Flow For The Firm

FOB

Free On Board

FTSE

Financial Times (F-T) and London Stock Exchange (S-E)

FTOB

Frankfurter Termin- und Optionenbörse

FFO

Funds From Operations

Furniture, Fixtures & Equipment

FFE

G

G

GBP

British pound

GATT

General Agreement On Tariffs And Trade

GCF

General Collateral Financing Trades

GO

General Obligation Bond

GAAP

Generally Accepted Accounting Principles

GAAS

Generally Accepted Auditing Standards

GHC

Ghanian Cedi

GIP

Gibraltar Pound

GSA

Glass-Steagall Act

GDR

Global Depositary Receipt

GIPS

Global Investment Performance Standards

GRS

Global Registered Share

GMD

Gambian Dalasi

GNF

Guinea Franc

GSCI

Goldman Sachs Commodity Index

GTC

Good ‘Till Canceled

GTM

Good This Month

GGM

Gordon Growth Model

GSE

Government-Sponsored Enterprise

GSRA

Government-Sponsored Retirement Arrangement

GDP

Gross Domestic Product

GNP

Gross National Product

GPM

Gross Processing Margin

G-5

Group of Five

G-7

Group Of Seven

G10

Group of Ten

GARP

Growth At A Reasonable Price

GTQ

Guatemala Quetzal

GIC

Guaranteed Investment (Interest) Certificate

GIC

Guaranteed Investment Contract

GLWB

Guaranteed Lifetime Withdrawal Benefit

GYD

Guyanese Dollar

H

HICP

Harmonized Index of Consumer Prices

HSA

Health Savings Account

HJM

Heath-Jarrow-Morton Model

HDD

Heating Degree Day

HNWI

High Net Worth Individual

HDHP

High-Deductible Health Plan

HIFO

Highest In, First Out

HLT

Highly Leveraged Transaction

HKD

Hong Kong dollar

HNL

Honduran Lempira

HOLDR

Holding Company Depository Receipt

HIBOR

Hong Kong Interbank Offer Rate

HTG

Haitian Gourde

HUF

Hungarian Forint

HTML

HyperText Markup Language

I

IDR

Indonesian Rupiah

ILS

Israeli New Shekel

IV

Implied Volatility

ISO

Incentive Stock Option

IAN

Index Amortizing Note

IDA

Individual Development Account

IRA

Individual Retirement Account

IDRB

Industrial Development Revenue Bonds

IPI

Industrial Production Index

IPA

Inflation-Protected Annuity

IPS

Inflation-Protected Security

IPO

Initial Public Offering

INR

Indian Rupee

IBES

Institutional Brokers’ Estimate System

IRP

Interest Rate Parity

IRR

Internal Rate Of Return

IRS

Internal Revenue Service

IAS

International Accounting Standards

IAFE

International Association of Financial Engineers

IBAN

International Bank Account Number

IBF

International Banking Facility

IDR

International Depository Receipt

IFRS

International Financial Reporting Standards

ISIN

International Securities Identification Number

ISMA

International Securities Market Association

ISDA

International Swaps and Derivatives Association

ISP

Internet Service Provider

IB

Introducing Broker

IB

Investment Bank

IPS

Investment Policy Statement

IR

Investor Relations

IQD

Iraqi Dinar

IRR

Iranian Rial

ICULS

Irredeemable Convertible Unsecured Loan Stock

ILOC

Irrevocable Letter Of Credit

ISK

Iceland Krona

ISLM

J

JAJO

January, April, July, and October

JMD

Jamaican Dollar

JOD

Jordanian Dina

JTIC

Joint Tenants in Common

JTWROS

Joint Tenants with Right of Survivorship

JPY

Japanese yen

JCP

Junior Capital Pool

JIC

Just In Case

JIT

Just In Time

K

KES

Kenyan Shilling

KHR

Cambodian Riel

KMF

Comoros Franc

KYC

Know Your Client

KOSPI

Korean Composite Stock Price Indexes

KPW

North Korean Won

KRW

Korean Won

KSOP

KWD

Kuwaiti Dinar

KYD

Cayman Islands Dollar

KZT

Kazakhstan Tenge

L

LGAP

Lady Godiva Accounting Principles

LAK

Laos Kip

LIFO

Last In, First Out

LTM

Last Twelve Months

LFY

Last Full Year

LBP

Lebanese Pound

LBO

Leveraged Buyout

LDI

Liability Driven Investment

LLC

Limited Liability Company

LP

Limited Partnership

LYON

Liquid Yield Option Note

LKR

Sri Lankan Rupee

LTV

Loan To Value Ratio

LIBID

London Interbank Bid Rate

LIBOR

London Interbank Offered Rate

LRIC

Long Run Incremental Cost

LRATC

Long-Run Average Total Cost

LTCM

Long-Term Capital Management

LRD

Liberian Dollar

LSL

Lesotho Loti

LTL

Lithuanian Litas

LVL

Latvian Lat

LYD

Libyan Dinar

M

MAD

Moroccan Dirham

MEBO

Management And Employee Buyout

MBO

Management Buyout

MPC

Marginal Propensity To Consume

MTM

Mark To Market

MIT

Market If Touched

MOC

Market On Close

MTA

Market Technicians Association

MVA

Market Value Added

MVQ

Market versus Quote

MBA

Master Of Business Administration

MBM

Maturity by Maturity Bidding

MTN

Medium Term Note

MJSD

March, June, September, and December

MMK

Myanmar Kyat

MNT

Mongolian Tughrik

MPT

Modern Portfolio Theory

MACRS

Modified Accelerated Cost Recovery System

MIRR

Modified Internal Rate Of Return

M&M

Modigliani-Miller Theorem

MCI

Monetary Conditions Index

MUICP

Monetary Union Index of Consumer Prices

MMDA

money market demand account

MZM

Money Zero Maturity

MOP

Macau Pataca

MRQ

Most Recent Quarter

MA

Moving Average

MACD

Moving Average Convergence Divergence

MRO

Mauritanian Ouguiya

MTL

Maltese Lira

MNC

Multinational Corporation

MBO

Municipals-Over-Bonds Spread

MUR

Mauritius Rupee

MVR

Maldive Rufiyaa

MWK

Malawi Kwacha

MXP

Mexican peso

MYR

Malaysian Ringgit

MZM

Mozambique Metical

N

N

NAD

Namibia Dollar

NASDAQ

National Association of Securities Dealers Automated Quotation

NAIC

National Association of Investors Corporation

NAREIT

National Association Of Real Estate Investment Trusts

NASD

National Association of Securities Dealers

NBBO

National Best Bid and Offer

NFA

National Futures Association

NMS

National Market System

NRD

National Registration Database

NSCC

National Securities Clearing Corporation

NSMIA

National Securities Markets Improvement Act

NT

Near Term

NVI

Negative Volume Index

NCD

Negotiable Certificate Of Deposit

NOW

Negotiable Order of Withdrawal (NOW) Account

NAL

Net Advantage To Leasing

NAV

Net Asset Value

NAVPS

Net Asset Value Per Share

NCAVPS

Net Current Asset Value Per Share

NI

Net Income

NIMS

Net Interest Margin Securities

NOI

Net Operating Income

NOL

Net Operating Loss

NOPAT

Net Operating Profit After Tax

NOPLAT

Net Operating Profit Less Adjusted Taxes

NPV

Net Present Value

NYBOT

New York Board Of Trade

NYMEX

New York Mercantile Exchange

NYSE

New York Stock Exchange

NGN

Nigerian Naira

NIO

Nicaraguan Cordoba

NMF

No Meaningful Figure

NOK

Norwegian Krone

NPL

Non Performing Loan

NDF

Non-Deliverable Forward

NDS

Non-Deliverable Swap

NMS

Normal Market Size

NCIB

Normal-Course Issuer Bid

NAICS

North American Industry Classification System

NOB

Note Against Bond Spread

NIF

Note Issuance Facility

NPR

Nepal Rupee

NZD

New Zealand Dollar

O

OEX

Symbol for the Standard & Poor’s 100 Index

OTS

Office Of Thrift Supervision

OHLC

Open, High, Low, Close Chart

OASDI

Old Age, Survivors and Disability Insurance Program

OMR

Oman Rial

OBV

On-Balance Volume

OMO

Open Market Operations

OCF

Operating Cash Flow

OIBDA

Operating Income Before Depreciation And Amortization

OPALS

Optimized Portfolio as Listed Securities

OAS

Option Adjusted Spread

OPRA

Options Price Reporting Authority

OECD

Organization for Economic Co-operation and Development

OPEC

Organization of Petroleum Exporting Countries

OEM

Original Equipment Manufacturer

OID

Original Issue Discount

OTC

Over-The-Counter

OTCBB

Over-The-Counter Bulletin Board

OTC

Over-The-Counter Market

P

P2P

Peer To Peer or Path To Profitability

PAB

Panama Balboa

PCX

Pacific Exchange

PFIC

Passive Foreign Investment Company

PIK

Payment In-Kind

PEN

Peruvian Nuevo Sol

PBGC

Pension Benefit Guaranty Corporation

PPA

Pension Protection Act Of 2006

PPO

Percentage Price Oscillator

PCE

Personal Consumption Expenditures

PCEPI

Index for Personal Consumption Expenditures

PGK

Papua New Guinea Kina

PHLX

Philadelphia Stock Exchange

PHP

Philippine Peso

PLN

Polish Zloty

POP

Point of Purchase

PFE

Polarized Fractal Efficiency

PVI

Positive Volume Index

PERC

Preferred Equity Redemption Stock

PRIDES

Preferred Redeemable Increased Dividend Equity Security

PBV

Price By Volume Chart

PVBP

Price Value of a Basis Point

PE

Price-Earnings Ratio

PSR

Price-To-Sales Ratio

PEG

Price/Earnings To Growth

PEGY

Price/Earnings to Growth and Dividend Yield

PAB

Private Activity Bond

PIPE

Private Investment in Public Equity

PPI

Producer Price Index

P&L

Profit and Loss Statement

POF

Proof Of Funds

PPE

Property, Plant And Equipment

PINES

Public Income Notes

PLC

Public Limited Company

POP

Public Offering Price

PSA

Public Securities Association Standard Prepayment Model

PMI

Purchasing Managers’ Index

PYG

Paraguay Guarani

Q

QAR

Qatar Riyal

QAE

Qualified Adoption Expenses

QIB

Qualified Institutional Buyer

QSR

Qualified Special Representative Agreement

QTIP

Qualified Terminable Interest Property Trust

QSD

Quality Spread Differential

QOQ

Quarter on Quarter

QUIPS

Quarterly Income Preferred Securities

R

REIT

Real Estate Investment Trust

REMIC

Real Estate Mortgage Investment Conduits

RTGS

Real Time Gross Settlement

RVP

Receive Versus Payment

RESP

Registered Education Savings Plan

RIA

Registered Investment Advisor

RPP

Registered Pension Plan

RRIF

Registered Retirement Income Fund

RRSP

Registered Retirement Savings Plan

RIC

Regulated Investment Company

RS

Relative Strength

RSI

Relative Strength Index

R&D

Research And Development

RPI

Retail Price Index

ROA

Return On Assets

ROCE

Return On Capital Employed

ROE

Return On Equity

ROI

Return On Investment

ROIC

Return On Investment Capital

RONA

Return On Net Assets

RONIC

Return On New Invested Capital

ROR

Return On Revenue

ROS

Return On Sales

RAR

Revenue Agent’s Report

RAN

Revenue Anticipation Note

RPU

Revenue Per User

RPM

Revenue Seat Miles

RCB

Reverse Convertible Bond

RCN

Reverse Convertible Note

RUF

Revolving Underwriting Facility

RAROC

Risk Adjusted Return on Capital

RFRP

Risk-Free Rate Puzzle

ROL

Romanian New Leu

RTTC

Round Trip Transaction Costs

RUB

Russian ruble

S

S

SPA

Sales And Purchase Agreement

SAR

Saudi Riyal

SOX

Sarbanes-Oxley Act Of 2002

SIMPLE

Savings Incentive Match Plan for Employees of Small Employers

SBD

Solomon Islands Dollar

SCR

Seychelles Rupee

SDD

Sudanese Dinar

SDP

Sudanese Pound

SAAR

Seasonally Adjusted Annual Rate

SEC

Securities And Exchange Commission

SIPC

Securities Investor Protection Corporation

STAMP

Securities Transfer Association Medallion Program

SEK

Swedish Krona

SGA

Selling, General & Administrative Expense

SGD

Singapore Dollar

SOMC

Shadow Open Market Committee

SVA

Shareholder Value Added

SHP

St. Helana Pound

SMA

Simple Moving Average

SEP

Simplified Employee Pension

SIBOR

Singapore Interbank Offered Rate

SPOT

Single Payment Options Trading

SSF

Single Stock Future

SIT

Slovenian Tolar

SKK

Slovak Koruna

SLL

Sierra Leone Leone

SOES

Small Order Execution System

SSA

Social Security Administration

SSN

Social Security Number

SRI

Socially Responsible Investment

SWIFT

Society for Worldwide Interbank Financial Telecommunications

SOS

Somali Shilling

SPAN

Standardized Portfolio Analysis

SDR

Special Drawing Rights

SPRA

Special Purchase and Resale Agreement

SPAC

Special Purpose Acquisition Company

SPV

Special Purpose Vehicle

SPDR

Spiders

SRG

Suriname Dollar

S&P

Standard & Poor’s

SPX

SIC

Standard Industrial Classification

STARC

Stoller Average Range Channels

SAP

Statutory Accounting Principles

STD

Sao Tome/Principe Dobra

SWORD

Stock And Warrant Off-Balance Sheet R&D

SAR

Stock Appreciation Right

SEDOL

Stock Exchange Daily Official List

SPARQS

Stock Participation Accreting Redemption Quarterly-Pay Securities

STP

Straight Through Processing

STRYPES

Structured Yield Product Exchangeable For Stock

SSO

Sub-Sovereign Obligation

SEPP

Substantially Equal Periodic Payment

SSI

Supplemental Security Income

SCM

Supply Chain Management

SGR

Sustainable Growth Rate

SVC

Salvador Colon

SYP

Syrian Pound

SEDAR

System for Electronic Document Analysis and Retrieval

SZL

Swaziland Lilangeni

T

T

T/P

Take-Profit Order

TAC

Targeted Amortization Class

TAN

Tax Anticipation Notes

TRS

Teacher Retirement System

TBE

Tenants By Entirety

TIC

Tenants In Common

TV

Terminal Value

THB

Thai Baht

TIAA-CREF

Teachers Insurance and Annuity Association – College Retirement Equities Fund

TSV

Time Segmented Volume

TIE

Times Interest Earned

TND

Tunisian Dinar

TBA

To Be Announced

TOPIX

Tokyo Price Index

TSE

Tokyo Stock Exchange

TOP

Tonga P’anga

TCO

Total Cost Of Ownership

TEV

Total Enterprise Value

TER

Total Expense Ratio

TSR

Total Shareholder Return

TVI

Trade Volume Index

TTM

Trailing Twelve Months

TOD

Transfer-On-Death

TIPS

Treasury Inflation Protected Securities

TIGRS

Treasury Investment Growth Receipts

TRL

Turkish New Lira

OZT

Troy Ounce

TRUPS

Trust Preferred Securities

TTD

Trinidad & Tobago Dollar

TWD

Taiwan Dollar

TZS

Tanzanian Shilling

U

U

UAH

Ukraine Hryvnia

UGS

Uganda Shilling

UI

Ulcer Index

UIP

Uncovered Interest Rate Parity

UCITS

Undertakings for the Collective Investment of Transferable Securities

UMA

Unified Managed Account

UMHA

Unified Managed Household Account

UGMA

Uniform Gifts to Minors Act

URDG

Uniform Rules For Demand Guarantees

UTMA

Uniform Transfers to Minors Act

UIT

Unit Investment Trust

UT

Unit Trust

UBTI

Unrelated Business Taxable Income

USD

U.S. dollar

UYU

Uruguayan Peso

V

V

VAMI

Value Added Monthly Index

VIPERS

Vanguard Index Participation Receipts

VCR

Variable Coupon Renewable Note

VEB

Venezuelan Bolivar

VND

Vietnamese Dong

VPT

Volume Price Trend Indicator

VWAP

Volume Weighted Average Price

VUV

Vanuatu Vatu

W

W

WAI

Wealth Added Index

WACC

Weighted Average Cost Of Capital

WAL

Weighted Average Life

WI

When Issued

TMWX

Wilshire 5000 Total Market Index

WIP

Work in Progress

WEBS

World Equity Benchmark Series

WGC

World Gold Council

WTO

World Trade Organization

WST

Samoan Tala

X

X

A Nasdaq stock symbol specifying that it is a mutual fund

XD

ex-dividend

XDIS

a security trading ex-distribution

XRT

ex-rights

XW

ex-warrant

Y

YOY

Year Over Year

YTD

Year To Date

YTM

Yield To Maturity

Z

ZAR

South African Rand

ZBA

Zero Balance Account

ZBB

Zero Based Budgeting

ZEBRA

Zero Basis Risk Swap

ZWD

Zimbabwe Dollar