Investment of an ETP into a roll-over fund. Instead of making a cash withdrawal, an ETP can be rolled over (subject to certain restrictions) to a roll-over fund. Tax on the ETP will then be deferred until final withdrawal from the roll-over fund.
A trading procedure involving the shift of one month of a straddle into another future month while holding the other contract month. The shift can take place in either the long or short straddle month. The term also applies to lifting a near futures position and re-establishing it in a more deferred delivery month.
Superannuation - the transfer of an Eligible Termination Payment (ETP) into another superannuation arrangement in order to defer or avoid paying a lump sum tax. Also the re-investment or re-financing or either a term deposit or loan.
The procedure of repeated investment of the proceeds of short-term securities upon maturity back in the same investment vehicle. ettlor: The person who creates a trust; also known as a grantor.
The reinvestment of funds in substantially the same investment when an obligation matures. The act of reinvesting in a similar investment or renewing a loan for an additional period of time.
An overnight swap, particularly the next coming up business day against the following business day (also called Tomorrow Next, abbreviated as Tom-Next).
Process wherein the settlement of a deal is rolled forward to another value date. The cost of such a process is determined by the interest rate differential between the two currencies.
Process whereby the settlement of a deal is rolled forward to another value date. The cost of this process is based on the interest rate differential of the two currencies.
(a.k.a. rollers) A street obstacle that consists of a radius up one side that transitions into a gradual hump and on over to a radius on the other side.