Appendix C — Abbreviations
Appendix C — Abbreviations
Abbreviation | Description |
---|---|
AFS | available for sale |
AICPA | American Institute of Certified Public Accountants |
AOCI | accumulated other comprehensive income |
APB | Accounting Principles Board |
ARRC | Alternative Reference Rates Committee |
ASC | FASB Accounting Standards Codification |
ASU | FASB Accounting Standards Update |
CCP | central clearing party |
CD | certificate of deposit |
CIRCUS | combined interest rate and currency swap |
CME | Chicago Mercantile Exchange |
CSX | Platts CAPP rail |
CTA | cumulative translation adjustment |
DIG | FASB Derivatives Implementation Group |
EFP | exchange-for-physical |
EFFR | Effective Federal Funds Rate |
EITF | FASB’s Emerging Issues Task Force |
EONIA | Euro Overnight Index Average |
ESTR | Euro Short-Term Rate |
EUR | euro |
EURIBOR | Euro Interbank Offered Rate |
FASB | Financial Accounting Standards Board |
FC | foreign currency |
FIFO | first in, first out |
FIN | FASB Interpretation Number |
FSP | FASB Staff Position |
GAAP | generally accepted accounting principles |
GBP | British pound sterling |
HDG | hot-dipped galvanized |
HR | hot rolled |
HTM | held to maturity |
IASB | International Accounting Standards Board |
IFRS | International Financial Reporting Standard |
ISDA | International Swaps and Derivatives Association |
JPY | Japanese yen |
LC | letter of credit |
LIFO | last in, first out |
LME | London Metals Exchange |
LIBOR | London Interbank Offered Rate |
MBS | mortgage-backed security |
MD&A | Management’s Discussion and Analysis |
NFP | not-for-profit entity |
OCA | SEC Office of the Chief Accountant |
OCI | other comprehensive income |
OIS | overnight index swap |
OTC | over the counter |
PA | price alignment |
PAA | price alignment amount |
PAI | price alignment interest |
PCAOB | Public Company Accounting Oversight Board |
P&L | profit and loss |
Q&A | question and answer |
SEC | U.S. Securities and Exchange Commission |
SEK | Swedish krona |
SIFMA | Securities Industry and Financial Markets Association |
SOFR | secured overnight financing rate |
TBA | to be announced |
UK | United Kingdom |
USD | U.S. dollar |