imported>Doug Williamson |
imported>Doug Williamson |
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| | ''Derivatives documentation''. |
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| Hybrid is a term used to describe a financial instrument which displays characteristics of both debt and equity.
| | The International Currency Options Market terms and agreement for foreign currency options, originally published by the British Bankers' Association (BBA). |
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| Such instruments might be designed to be an intermediate (or mezzanine) category of capital between equity and debt, or to have some of the risk absorbing characteristics of equity and, ideally, the tax efficiency of debt.
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| These are 'hybrid' financial instruments.
| | ''(The former BBA functions are now undertaken by UK Finance.)'' |
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| 2. ''Tax''.
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| The term 'hybrid' can also refer to an entity which is treated differently for tax purposes in different tax jurisdictions.
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| 3. ''Green finance - greener technology''.
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| The use - in a single system - of both traditional and greener technologies. | |
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| For example, vehicles that can run either on electric batteries or more traditional fuels such as petrol or diesel.
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| 4.
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| More broadly, any structure, instrument or entity with mixed, or intermediate, characteristics between two or more other, simpler or standardised structures.
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| :<span style="color:#4B0082">'''''Intra-day net settlement'''''</span>
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| :"There are two basic ways that domestic clearing systems settle:
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| :* end-of-period net settlement; and
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| :* real-time gross settlement.
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| :A third option is a hybrid of these two: intra-day net settlement. This is practised by a number of systems, such as the US Clearing House Inter-bank Payment System (CHIPS) and the Faster Payments Scheme in the UK."
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| :''Payments and payment systems - the Treasurer's Wiki.''
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| The term 'hybrid' originates from horticulture and farming, where hybrid plants and animals are a biological cross between two different species or breeds.
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| == See also == | | == See also == |
| * [[Clearing House Interbank Payment System]] | | * [[British Bankers' Association]] |
| * [[Convertible debt]] | | * [[Derivatives documentation]] |
| * [[Faster Payments Service]] | | * [[Foreign exchange]] |
| * [[Green finance]] | | * [[Option]] |
| * [[Hybrid debt]] | | * [[FEOMA]] |
| * [[Hybrid capital]] | | * [[FRABBA]] |
| * [[Hybrid clearing and settlement systems]] | | * [[IBMA]] |
| * [[Hybrid cloud]] | | * [[IFEMA]] |
| * [[Hybrid entity]] | | * [[IFXCO]] |
| * [[Hybrid mismatch arrangement]] | | * [[ISDA]] |
| * [[Hybrid pension scheme]]
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| * [[Mezzanine]]
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| * [[Payments and payment systems]]
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| * [[Preference shares]]
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| * [[Settlement]]
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| * [[Ten Point Plan for a Green Industrial Revolution]]
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| * [[Warrant]]
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| [[Category:Accounting,_tax_and_regulation]] | | [[Category:Accounting,_tax_and_regulation]] |
| [[Category:Long_term_funding]] | | [[Category:Manage_risks]] |
