Practice // Glossary

GLOSSARY LETTER

LETTER A

Abandonment risk Abeyance Absolute return
Accelerated book-building Accelerated depreciation Accelerated share repurchase
Acceleration, Acceleration clause Account balancing Account conversion
Account receivable aging Accountant letter Accounting criteria of value creation
Accounting currency risk Accounting information Accounting procedures with an impact on earnings
Accounting rate of return Accounting standard Accounting statement
Accounts payable Accounts receivable Accredited investors
Accretion Accretive Accrual basis accounting
Accrual bond Accruals Accrued benefits
Accrued coupon Accrued expense Accrued income
Accrued interests Accumulator Acid test ratio
Acquisition Facility Acquisition holding company Acquisitions
Act of God Acting in concert Active Fund Management
Active share Activist fund Activist shareholder
Activités post-marché Actuarial floor Actuarial margin
Actuarial rate Actuarial rate of return on a bond Actuary
Adjustable Parity Bonds redeemable in shares Adjustable rate preference shares Adjustable-rate debt security
Adjusted Net Asset Value Adjusted present value, APV Adjustment to per share data
Administrative synergy ADR Advance dividend
Advance rate Adverse selection Affiliates
Affirmative covenant African Development Bank (ADB) After-market
AG or Aktiengesellschaft Agency Agency costs
Agency theory Agent bank Agent fee
Aging, Ageing, aging balance, ageing balance Agreement in principle AIM
All-in cost All-share transaction Alliance
Allocative efficiency Allotment ALM
Alpha ALRG Alternative assets
Alternative electronic platform Alternative Investment Market Alternative management
Alternative offer American Depositary Receipt American option
Amortisation Amortisation of the loan Analytical accounting
ANAV Anchor investor Angel investors or Business angels
Annual effective interest rate Annual meeting Annual Premium Equivalent
Annualise or annualised Annuity Annuity - increasing cash flows
Annuity factor Anti-takeover features Anticipation mechanism
Antidilution Antitrust laws APE
Apparent dilution Appraisal clause Appraisal or Valuation
APR or Annual Percentage Rate APT APV
Arbitrage Arbitrage pricing theory, APT Arbitration, Arbitrators
Arm's length Arrangement fee Arranger
Arranging the deal Arrears, Unpaid Article 11
Article 12 Article 9 Articles of association
Articles of Incorporation or Articles of Association Asian option Ask or Offer or Bid or Spread or Bid-Ask
Asset allocation Asset and liability management Asset and liability warranty clause
Asset backed commercial paper Asset backed securities Asset beta
Asset contribution Asset coverage Asset intensive
Asset Liability Refinancing Gap Asset management Asset token
Asset turnover Asset-backed loan Asset-Liability Management
Asset-light Assets Assignment, assignor and assignee
Assimilation Associate Associated undertaking
Asymmetry - issuer/investor Asymmetry - option Asymmetry - shareholder / creditor
At par, Above par, Below par At the money Atypical silent partner
Auction Auction clause Audit
Audit trail Auditor Average collection
Average life Average life of a bond Average life of a loan