Decoding the Lingo of the Financial Crisis
- Basis Point:
- Collateralized debt obligations:
- Commercial paper:
- Credit default swap:
- Debt:
- Derivative:
- Equity:
- FDIC:
- Hedge fund:
- Home equity line of credit (HELOC):
- Leverage:
- LIBOR:
- Liquidity:
- Mark to market:
- Mortgage:
- Prime mortgage:
- Alternative-A mortgage (Alt-A):
- Subprime mortgage:
- Mortgage-backed security:
- Reverse auction:
- Securitization:
- Short selling:
- Solvency:
- Treasuries:
- Write-down: