Mark Berch:Time-Zone Arbitrage
Build Own Transfer
The transfer of a project back to the party granting the concession, either with or at no cost.
Outlays
Payments on obligations in the form of cash, checks, the issuance of bonds or notes, or the maturing of interestcoupons.
Marine Cargo Insurance
Insurance covering loss or damage to goods in transit.
Mark Berch:Butterfly shift
A nonparallel shift in the yield curve involving the height of the curve.
Balloon Payment
See: Bullet.
Finder's fee
A fee a person or company charges for service as an intermediary in a transaction. Mark Berch
Liquidity preference hypothesis
The argument that greater liquidity is valuable, all else equal. Also, the theory that the forward rate exceeds expected future interest rates.