Super Finance Glossary
Over 10,000 financial glossary terms...
Random Glossary Terms
PVBP: Price value of a basis point
Veterans Administration (VA)/Veterans Affairs: An agency of the federal government that provides services for eligible veterans. See also "VA mortgage loan."
Sales literature: Material written by an institution selling a product, which informs potential buyers of the product and its benefits.
Payments netting: Reducing fund transfers between affiliates to only a netted amount. Netting can occur on a bilateral basis (between pairs of affiliates), or on a multi-lateral basis (taking all affiliates together).
Devaluation: A decrease in the spot price of a currency. Often initiated by a government announcement.