Glossary

A B C D E F G H I L M N O P R S T V

ACCRUED INTEREST: Coupon interest that is earned on a bond from the last coupon date to the present date.
AGENT: A party to a loan or borrow transaction that acts on behalf of a third party client. The agent does not usually take any risk in the transaction
ALL-IN DIVIDEND: The sum of the manufactured dividend plus the fee to be paid by the borrower to the lender, expressed as a percentage of the dividend on the stock on loan.
ALL-IN PRICE: Rate used to capture a predetermined fee agreed between two parties.
AMSLA: The Australian Masters Securities Lending Association (AMSLA) first issued in 1997 is the standard legal agreement used in Australia. This agreement was originally adapted from the ISLA overseas Securities Lender's Agreement. This agreement is governed by, and shall be construed in accordance with, the law in force in NSW Australia
ASLA: The Australian Securities Lending association (ASLA) formed in August 1991 in response to a perceived need amongst need amongst industry participants for unified representation in regulatory and other issues relevant to its members.