The Book of Jargon^®Hedge Funds

’33 Act,’34 Act,’40 Act,3(a)(2) Transaction,3C1 Fund,3C7 Fund,100 Holder Rule,144A for Life Offering,144A Offering,404 Compliant,A / B Exchange Offer,ABS,Accelerated Share Repurchase (ASR),Acceleration,Accredited Investor,Accreted Value,Adjusted EBITDA,ADR,ADS,ADTV,ADV,Adviser,Advisers Act,Advisory Fee,Affiliate,Affiliate Securities (Control Securities),Affirmative Covenant,Agency Trade,Alfred Winslow Jones,All or Substantially All,Alpha,Amendment,American Depositary Receipt (ADR),American Depositary Share (ADS),American Option,Amortization,Amortization Schedule,Angel Investor,Annual Rate of Return,Annualized Rate of Return,Arbitrage,Article 9,ASR,Asset-Backed Security (ABS),Asset Manager,Assets Under Management (AUM),Asset Swap,Assignment,At Par,At-the-Money,Automatic Shelf Registration,Automatic Stay,Average Annual Return,Average Daily Trading Volume,Average Monthly Return,Average Rate of Return,Balance Sheet,Balloon Payment,Bank Book,Bankruptcy,Bankruptcy Code,Bankruptcy Remote Vehicle,Basel (Accords),Base Prospectus,Basis,Basis Point,Basis Risk,Basket Option,Bear Hug Letter,Bearish Trading,Bear Spread,Beige Book,Benchmark,Beneficial Owner,Bermuda Option,Best Efforts Syndication,Best Execution,Beta,Bid,Big Boy Letter,Big Cap,Bips,BIV,Blackout Period,Blackout Trading Restriction,Black Scholes,Bondholder,Bond Investment Value,Bonds,Bookrunner,Book Value,Booster Shot Provision,Borrower,Bought Deal,bps,Breakage Costs,Break-Up Fee,Bridge Facility,Bridge Loan Agreement,Bridge Loans,Bringdown Certificate of Good Standing,Bringdown Comfort Letter,Bringdowns,Broker-Dealers,Buffer,Bullet Maturity,Bullish Trading,Business MAC,Butterfly,Call Option,Call Premium,Call Protection,Call Spread Overlay,Canadian Wrapper,Capacity Constraint,Capex,Capital Account,Capital Commitments,Capital Expenditures,Capitalize,Capitalized Lease,Capital Markets,Capital Structure,Capped Call,Cap Table,Carried Interest,Carveout,Cash-and-Carry,Cash Equivalent,Cash Flow Revolver,Cash Flow Statement,Cash Settlement,Cayman Fund,CCO,CDO,CDS,Ceiling,CEO,Certain Funds,Certificate of Good Standing,CFO,CFTC,Change of Control,Change of Control Covenant,Change of Control Default,Change of Control Put,Chattel Paper,CIM,Circle Up,Class,Class Voting,Clawback,Clean Price,Clearing House,Clearing Member,CLN,Closed-End Fund,Closed Fund,Closing,Closing Condition,Closing Date,Closing Dinner,Closing Memorandum,Club Deal,CME,CME Group Inc.,CMO,COBRA,Co-Invest,Collar,Collateral,Collateral Agent,Collateralized Debt Obligation (CDO),Collateralized Mortgage Obligation (CMO),Comfort Letter,Commercial Letter of Credit,Commercial Paper,Commission,Commitment Letter,Commodity,Common Stock,Company MAC,Comparable Treasury,Compounded Monthly Return,Conditions Precedent,Confidential Information Memorandum (CIM),Conflict of Interest,Consent Solicitation,Consolidated,Consolidating,Contingent Conversion,Contingent Interest,Contractual Subordination,Control,Controlled Company,Conversion Premium,Conversion 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Consumer Protection Act (DFA),Dollar Roll,Drag Along Rights,Drawdown,DTC,Due Diligence,Due Diligence Condition,Due Diligence Defense,Dutch Auction,Dynamic Hedging,Early Exercise,Earmarked Investments,EBITDA,EDGAR,Effective Subordination,Emerging Markets,Emerging-Markets Investment,Engagement Letter,Equitable Subordination,Equity Amount,Equity Claw,Equity Commitment Letter,Equity Contribution,Equity Cure,Equity Kicker,Equity Notional Amount,Equity Notional Reset,Equity Swap,ERISA,ETF,eToys,Eurex,Eurodollar,Eurodollar Loans,European Option,European Selling Legend,Event-Driven Investment,Event of Default,Evergreen,Exchange,Exchangeable Notes,Exchange Act,Exchange Notes,Exchange Note Term Sheet,Exchange Offer,Exchange Traded Derivatives,Exchange Traded Funds (ETFs),Exchange Traded Notes (ETNs),Exempt Reporting Adviser,Exercise,Exercise (Settlement) Price,Exotic Option,Expertised Parts,Expiration (Maturity) Date,Exxon Capital Exchange Offer,Family Office,Federal Funds,Feeder Fund,Fiduciary Out,Final,Financial Buyer,Financial Covenants,Financial Law Review,Financial Statements,Financing Out,FINRA,Firm Commitment Underwriting,Fitch,Fixed Assets,Fixed Charge Coverage Ratio,Fixed Charges,Fixed Income Security,Fixed Rate,Fixture,Floating Rate,Floating Rate Option,Floor Level,Follow-On Offering,Forbearance,Foreign Private Issuers,Form 8-K,Form ADV,Form Check,Form PF,Form SLT,Forward,Forward Cap Price (Threshold Level),Forward Floor Price (Floor Level),Forward Price,Fraudulent Transfer,Free Writing Prospectus (FWP),Friends and Family Fund,FTSE,Fundamental Analysis Investment,Fund Administrator,Fund Manager,Fund of Funds,Future,FWP,FX,GAAP,Gamma (γ),Gate,GDR,General Corporate Purposes,General Partner,Global Depositary Receipt (GDR),Global-Macro Investment,Global Master Repurchase Agreement (GMRA),Global Master Securities Lending Agreement,GP,Green Bond,Green Shoe,Gun Jumping,Haircut,Hair-Trigger,Half a Turn,Happy Meal,Hard Call,Hedge,Hedge Fund,High Net Worth Individuals,High-Water Mark,High Yield,High Yield Bonds,HNW,Hold-Back,Holdco,Holdco Debt,Holder in Due Course,Holding Company,Hostile Takeover,Hot Issue,Hot Issue Rule,Hurdle Rate,Hypothecation,ICMA,IFRS,Incentive Allocation,Incentive Fee,Inception Date,Income Statement,Incurrence Covenants,Indenture,Independent Director,Index-Linked Pricing,Initial Delta Hedge,Initial Margin,Initial Public Offering (IPO),Initial Purchasers,Institutional Investor,Integration,Intercreditor Agreement,Interest,Interest Coverage Ratio,Interest Rate,Interest Rate Swap,Internal Controls and Procedures,Internal Revenue Service,International Swaps and Derivatives Association (ISDA),In-the-Money,Intrinsic Value,Investment Adviser,Investment Advisers Act of 1940 (Advisers Act),Investment Company Act of 1940,Investment Grade,Investment Grade Bonds,Investment Objective,Investment Strategy,Investment Period,IPO,IRS,ISDA,ISDA Confirmation,ISDA Master Agreement,ISDA Schedule,ISLA,Issuer,JOBS Act,Junior Debt,Junk 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Investment,Market Risk,Market Timing,Markit Group Limited (Markit),Mark-to-Market,Mark-to-Model,Markup,Master-Feeder Fund,Matched Book,Material Adverse Change,Material Adverse Effect,Maturity Date,MBS,MD&A,Medium Term Note (MTN),Mega Cap,Merger Arbitrage,Merger Covenant,Mezz,Mezzanine Financing,Mezzanine Fund,Mezz Lenders,MFN Pricing,Micro Cap,Mid Cap,Monetize,Money Market,Monoline Bond Insurance,Moody’s,Mortgage,Mortgage-Backed Security,Most Favored Nation Clause,MRA,MSCI EAFE,MSLA,MTN,MTN Program,Municipal Securities (Bonds),Munis,Mutual Fund,Naked Short Selling,Nancy Reagan Defense,Nano Cap,NASD,NASDAQ,NAV,Negotiable Instrument,Negative Assurance,Negative Assurance Letter,Negative Covenant,Negative Pledge,Net Asset Value (NAV),Net Debt,Net Share Settlement,New Issue Rule,New York Stock Exchange (NYSE),Non-Call,Non-Call Period,Non-Investment Grade,Non-Principal Protected,Non-Recourse Financing,No-Shop Provision,Notes,Notional Amount,Notional Reset,Numbers,Numerosity,NYSE,OC,Off Balance Sheet Arrangements,Offer,Offering Circular,Offering Memorandum,Offshore Fund,OID,OM,One-on-One,Open-End Fund,Open Kimono,Operating Expense,Operating Lease,Operating Subsidiary,Opportunistic Investment,Option,Option Value,Ordinary Share,Organizational Meeting,Org ID Number,Org Meeting,Original Issue Discount,Original Issue Price,OTC,Out-of-the-Money,Over-Allotment Option,Over-the-Counter (OTC),P&L Statement,Pac-Man Strategy,Pairs Trading,Par/Par Value,Pari Passu,Parity Trigger,Partnership Agreement,Patriot Act Requirements,Pay-In-Kind,Payment Blockage Provision,Payment Date,Perfect / Perfection,Performance Fee,Periodic Reports,Permitted Debt,Physical Settlement,Piggy Back Registration Rights,PIK,PIK Notes,PIK Toggle,PIK Toggle Notes,PIPE,Placement Fee,Plain Vanilla,Plan Assets,Pledge Agreement,Pledgor,Poison Pill,Portfolio Company,Position,Possessory Collateral,Post-Effective Period,Power of Attorney,PPM,Precedent,Pre-Closing,Preference,Preference Period,Preferred Stock,Prefiling Period,Preliminary Prospectus,Premium,Pre-Pack,Price Return Swap,Pricing,Pricing Supplement,Pricing Term Sheet,Primary Markets,Primary Offering,Prime Broker,Priming Loan,Principal Protected,Principal Trade,Priority,Private Equity Fund,Private Fund,Private Fund Advisers Exemption,Private Offering,Private Placement,Private Placement Memorandum,Profit and Loss Statement,Pro Forma,Project Finance,Proprietary Trading,Prospectus,Prospectus Supplement,Public Float,Public Lender,Purchase Accounting,Purchase Agreement,Push-Down Accounting,Putable Swap,Put Call Parity,Put Option,Put Right,QIB,QP,QP Fund,Qualified Counterparty,Qualified Institutional Buyer,Qualified Purchaser,Quant Fund,Quiet Period,Ranking,Rate of Return,Ratings Agencies,Ratio Test,Record Date,Red,Redemption,Redemption Date,Redemption Fee,Reference Asset,Reference Entity,Reference Obligation,Refinancing,Reg D,Registration,Registration Rights,Registration Statement,Reg Rights,Reg S,Regulation BTR,Regulation D,Regulation FD,Regulation G,Regulation M,Regulation S,Regulation SHO,Regulation S-K,Regulation S-X,Regulation T,Regulation U,Rehypothecation,Reinvestment Right,Relative Value,Relative-Value Investment,Remedy Bar,Rep,Repo,Repo Rate,Reporting Company,Representation and Warranty,Repurchase Agreement,Reserve Adjusted Eurodollar Rate,Reset Dates,Restricted Payments Covenant,Restricted Securities,Retail Investor,Reverse Repo,Reverse Repurchase Agreement,Revolver,Revolving Facility,Revolving Loans,Rho (ϱ),Risk Arbitrage Investment,Risk Free Rate,Riskless Principal Trade,Road Show,Rollover Equity,R-squared,Rule 10b-5,Rule 10b5-1 Plan,Rule 144,Rule 144A,Rule 144A Financing,S&P,Sarbanes-Oxley,SAS 72,SEC,Secondary Markets,Secondary Offering,Section 3(a)(2) of the Securities Act,Section 4(2) of the Securities Act,Section 5,Section 13d,Section 16,Secured Debt,Secured Lenders,Secured Parties,Securities Act,Securities Act of 1933,Securities Exchange Act of 1934,Securities Lending,Securities Lending Agreement,Securitization,Security,Security Agreement,Security Interest,SEDAR,Selective Disclosure,Sell/Buy Back,Selling General and Administrative Expense (SG&A),Selling Shareholders,Senior Debt,Senior Notes,Senior Secured Credit Facilities,Senior Subordinated Notes,Separately Managed Account (SMA),Series,Settlement Date,SG&A,Sharpe Ratio,Shelf Registration,Shelf Registration Statement,Shelf Takedown,Shoe,Short,Short Against the Box,Short Sale,Short-Swing Profit Rule,Side Letter,Side Pockets,SIFMA,Sight Draft,SMA,Small Cap,Soft Dollars,Sortino Ratio,SOX,SOX Section 404,SPACs,SPE,Special Purpose Acquisition Company (SPAC),Special Purpose Entity (SPE),Special Purpose Vehicle (SPV),Special Situations Investment,Spinning,Sponsor,Spot Market,Spot Price,Spread,Spread Trading,SPV,Staleness,Standard & Poor’s,Standard Deviation,Standby Letter of Credit,Staple Financing,Staple Papers,Statistical Arbitrage Investment,Stock Index Arbitrage,Stock Loan,Stock Purchase Agreement,STOXX Ltd.,Straddle,Straight-Line Basis,Strategic Buyer,Strike Price,Structural Subordination,Structured Note,Subordination,Subordinated Debt,Subscription Agreement,Substantive Consolidation,Succession Event,Superholdco,Supermajority Voting,Swap,Swap Option,Swaption,Syndicate,Syndication Agent,Synergies,Systematic Risk,Systemic Risk,Tag Along Rights,Target,Target MAC,Tax Gross-Up,T-bill,Tear-Up Price,Technical Analysis Investment,Tender Offer,Term Loan,Theta (τ),Third-Party Administrator,Threshold Level,Ticking and Tying,Tick Marks,Tiger Cub,Time Value,T+ Legend,TOPIX,Total Return Swap (TRS),Trade Letter of Credit,Tranche,Traynor Ratio,Treasury Bill,Treasury Bond,Tree,TRS,True Sale,Turn,UCC,Underlying,Underwriters,Underwriting Agreement,Underwriting Discount,Undiversifiable Risk,Unwind,US Commodity Futures Trading Commission,Use of Proceeds,US Securities and Exchange Commission,Value at Risk (VaR),Value Investment,Vanilla Swap,VAR,Variable Obligation,Variable Prepaid Forward (VPF),Variation Margin,Vega,Venture Capital,VIX,Volatility,Volcker Rule,Voluntary Prepayments,VWAP,Waiting Period,Waiver,Warrant,Waterfall,Weighted Average Life,Well Known Seasoned Issuer (WKSI),WGL,White Knight,WKSI,Working Capital,Working Group List,Wrapped Bond,Wrapper,Yield,Yield Curve,Zero Coupon Bond,Zone of Insolvency