ABX

A family of credit indices referencing asset-backed securities. The first index,...

Acropole

French fund management boutique, Acropole AM was founded by Jacques Joakimides,...

Adjustable Subordination

A technique used in self-managed single-tranche CDOs. It allows trading gains...

Aladdin Capital

Established in 1999, Aladdin Capital refers to itself as a global alternative...

Aleris

Aleris is a US aluminum products manufacturer that filed for chapter 11...

Alpstar Management

Alpstar Management is a credit hedge fund manager based in Geneva. ...

Amendment

a change to the original terms of a loan or bond. Credit instruments typically...

Applicable margin

another term for the spread over a benchmark rate such as Libor which determines...

Asset-backed credit default swap

Also known as CDS of ABS, a credit default swap in which the reference...

Assignment

See novation.

Attachment point

The minimum level of losses in a portfolio to which a tranche is exposed. See...