Examlex
Fourth-generation languages (4GL) are programming languages that look similar to human languages. For example, a typical 4GL command might state, "FIND ALL RECORDS WHERE NAME IS 'SMITH'."
Interest Days
Refers to the specific days on which interest is calculated, often relevant in banking and finance for determining amounts owed or earned.
Structured Investment Vehicles
Finance entities created to manage a portfolio of investment assets, often using leverage to finance long-term assets with short-term debt.
SIVs
Structured Investment Vehicles, which are pool investment entities created to finance long-term assets with short-term debt, known for their role in the financial crisis due to liquidity issues.
Credit Default Swap
A financial derivative that allows an investor to "swap" or offset their credit risk with that of another investor.
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