Glossary

Updated 1 April 2019

This glossary offers definitions of technical terms commonly used in the BIS Quarterly Review.

The glossary is also available as a PDF file in ChineseFrench, German, Italian and Spanish.

central counterparty (CCP)

Entity that interposes itself between the two sides of a transaction, becoming the buyer to every seller and the seller to every buyer.

Updated: 11 Dec 2016
central counterparty (CCP)

Entity that interposes itself between the two sides of a transaction, becoming the buyer to every seller and the seller to every buyer.

Updated: 11 Dec 2016