The name given to a compilation of Roman and Greek law, prepared about A. D. 8S0 by the Emperor Basilius, and published by his successor, Leo the Philosopher. It was […]

In old English law . A kind of money or coin abolished by Henry II.

In admiralty law and marine insurance . A part of the sea inclosed in rocks. U. S. v. Morel, 13 Am. Jur. 286, 26 Fed. Cas. 1,310.

The location of freight before tax. The cost goes up or down based on fare not on the tax.

The point of reference for freight rates that any changes are made to before it arrives at its destination .

1.the days in a year used for interest computation . 2. when adjustments are made between currencies. 3. the price difference between the cash and futures market for an asset. […]

The way loss and gains are recognized by a firm and placed on a statement. The two styles are accrual and cash basis accounting .

The smallest point of yield on an instrument . It can be one hundredth of a percent when one percent is 100 basis points.

When risk changes interest rates causing a repricing. A mismatch in the assets liability is the result.

An INTEREST RATE SWAP involving the exchange of two floating INTEREST RATE indexes for periods ranging from one to 10 years; common reference indexes include LIBOR, EURIBOR, COMMERCIAL PAPER rates, […]

Tranding where an investor buys a security and sells a similar one. A gain is made from mispricing.

A small PORTFOLIO of ASSETS that can be bought or sold or used as a reference in a DERIVATIVE contract . Baskets can be created out of securities or contracts […]

A rule in a contract that covers all aspects of the contract. Any issue is now easier to deal with under this one rule.

An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between the price of a BASKET of ASSETS and a predefined STRIKE PRICE . The basket […]

The purchase of several assets with one lump sum.

A CREDIT DERIVATIVE contract that involves the exchange of a fixed or floating PREMIUM for a compensatory payment if one or more reference credits in a predefined BASKET DEFAULTS. The […]

In feudal law. Lands held by the service of making the king’s baskets.

An agreement between participating industrialized countries to adopt RISKbased CAPITAL methods developed by the BANK FOR INTERNATIONAL SETTLEMENTS. The Accord, which addresses in detail capital standards for CREDIT RISK and […]

A Greek word, meaning “king.” A title assumed by the emperors of the. Eastern Roman Empire. It is used by Justinian in some of the Novels; and is said to […]

How new products are recieved by their users.

In feudal law. Low justice ; the right exercised by feudal lords of personally trying persons charged with trespasses or minor offenses.

An illegitimate child ; a child born of an unlawful intercourse , and while its parents are not united in marriage. Tim- mins v. Lacy, 30 Tex. 135; Miller v. […]

In old English law . Bastard elder. If a child was born of an illicit connection, and afterwards the parents intermarried and had another son, the elder was called ” […]

In old English law . A female bastard. Fleta, lib. 5, c. 5,

To declare one a bastard, as a court does. To give evidence to prove one a bastard. A mother (married) cannot bastardize her child.