Close company
Typically, a company controlled by five or fewer investors but in the definition of what constitutes an investment trust. It is a company where less than 30% of the shares are […]
Closed-end fund
A closed-end fund (CEF) is a form of collective investment vehicle whereby the number of shares in the fund is fixed. Usually, those seeking to invest in an existing closed end […]
yield curve
The yield curve plots the interest rates of bonds, that have equal credit quality, at a set point in time, against differing maturity dates. This curve is used to predict […]
Grading under review
Grading under review notices are issued by the Regulator for Social Housing on all Registered Providers than own 1,000 or more units. The following is an extract from a paper […]
REFIT – Irish subsidy
REFIT is an acronym for renewable energy feed-in tariff. It was the Irish government’s subsidy scheme for renewable energy but closed to applications at the end of 2015, to be […]
Renewable Heat Incentive
Eligible installations, such as anaerobic digestion plants, can receive subsidies under the non-domestic renewable heat incentive (RHI). RHI payments are made quarterly over 20 years and vary according to the […]
warehousing – in finance
Warehousing – This is a catch-all name for a specific financing activity. Warehousing is where an asset manager takes a number of different assets, usually loans, and gathers them together […]
The Association of Investment Companies (AIC)
The Association of Investment Companies (AIC) is the United Kingdom trade association for the closed-ended investment company industry. To visit the AIC’s website, please click here http://www.theaic.co.uk/
IFRS 9
IFRS 9 is an International Financial Reporting Standard (IFRS) of the the International Accounting Standards Board (IASB). It lays out the standard for investment companies for financial instruments for: Classification and measurement of financial […]
Additional Tier 1 or AT1
Additional Tier 1 or AT1 – in addition to a bank’s core capital or Tier 1, it may also use other additional forms of capital to ensure its capital adequacy. Tier 1 […]
