Australian (ASX) Stock Market Forum

Ultimate Acronym List (UAL)

24 January 2013
The acronym thread in the sticky seem to be pretty amateurish, here is my list of acronyms which I compiled during my studies and for the CFA exam, which is much more comprehensive and aggregated into a single post in alphabetic order your convenience.

I will continue to update and improve the list to make it more comprehensive as I study along various fields of investment, finance, economics and statistics. This list will continue to grow.

Please comment on what acronyms should be added to the list and I will update them.

Please feel free to replace that sticky with my thread, but please do not link or copy and paste my list into that sticky because at the very least I should get some recognition for my time and effort, thanks.

Total acronyms = 547.

AACSB Association to Advance Collegiate Schools of Business
AAR average accounting rate of return
AASB Australian Accounting Standards Board
ABN Australian Business Number
ABS asset-backed security
ABS Australian Bureau of Statistics
ACCC Australian Competition and Consumer Commission
ACD autoregressive conditional duration
ACF autocorrelation function
ACH Automated Clearing House
ACN Australian Company Number
AD aggregate demand
ADB Asian Development Bank
ADI authorised deposit taking institution
ADR American depository receipt
ADS American depository share
AE aggregate expenditure
AFC average fixed cost
AFMA Australian Financial Markets Association
AFS licence Australian Financial Services Licence
AIA Association of International Accountants
AIIB Asian Infrastructure Investment Bank
AIM alternative investment market
ALM asset liability management
AMBA Association of MBAs
ANCOVA analysis of covariance
ANOVA analysis of variance
ANPV adjusted NPV
AON order all-or-nothing order
AP average product
APC average propensity to consume
APEC Asia-Pacific Economic Cooperation
APR annual percentage rate
APRA Australian Prudential Regulation Authority
APS average propensity to save
APT arbitrage pricing theory
APV adjusted PV
AR (accounting) accounts receivable
AR (economics) average revenue
ARCH autoregressive conditional heteroskedasticity
ARIMA autoregressive integrated moving average
ARMA autoregressive-moving-average
ARO asset retirement obligation
AROA adjusted ROA
ARRA American Recovery and Reinvestment Act of 2009
AS aggregate supply
ASEAN Association of Southeast Asian Nations
ASIC Australian Securities Investment Commission
ATA average total assets
ATC average total cost
ATE average total equity
ATM automated teller machine
ATO Australian Taxation Office
ATS alternative trading system
AUD Australian Dollar
AUM assets under management
AVC average variable cost
BBA British Banker's Association
BBSW bank bill swap
BDY bank discount yield
BEY bond equivalent yield
BIS Bank for International Settlements
BIT bilateral investment treaty
BLDR basket of listed depository receipts
BLUE best linear unbiased estimator
BLUP best linear unbiased prediction
BOP balance of payments
BOPM binomial options pricing model
BOT balance of trade
bps basis points
BPV basis point value
BRICS Brazil, Russia, India, China, and South Africa
BRL Brazilian Real
BSM Black-Scholes-Merton
BVE book value of equity
BVPS book value per share
CA Chartered Accountant
CAD Canadian dollar
CAGR compound annual growth rate
CAIA Chartered Alternative Investments Analyst
CAL capital allocation line
CAPM capital asset pricing model
CAT Certified Accounting Technician
CBO collateralised bond obligations
CBOE Chicago Board Options Exchange
CBOT Chicago Board of Trade
CCA capital consumption allowance
CCA Chartered Certified Accountant
CCC Central Counterparty Clearing
CD certificate of deposit
CDF cumulative distribution function
CDO collateralised debt obligation
CDPC credit derivative product company
CDS credit default swap
CEF conditional expectation function
CEO chief executive officer
CERA Chartered Enterprise Risk Analyst
CF cash flow
CFA Chartered Financial Analyst
CFD contract for difference
CFE Certified Fraud Examiner
CFFA cash flow from asset
CFO cash flow from operations
CFP Certified Financial Planner
CFROI cash flow return on investment
CFTC Commodity Futures Trading Commission
CGT capital gain tax
CHF Swiss Franc
CHIPS Clearing House Interbank Payments System
CI confidence interval
CIA Central Intelligence Agency
CIA Certified Internal Auditor
CIIA Certified International Investment Analyst
CL current liability
CLN credit-linked note
CLO collateralised loan obligations
CLRM classical linear regression
CLS continuous linked settlement
CLT central limit theorem
CLTV ratio combined loan to value ratio
CM contribution margin
CMA Certified Management Accountant
CME Chicago Mercantile Exchange
CML capital market line
CMO chief marketing officer
CMO collateralised mortgage obligation
CMT constant maturity treasury
CNY Chinese Yuan
COA chart of accounts
CoCo contingent convertible bond
COGS cost of goods sold
COMEX Commodity Exchange
COO chief operating officer
COV covariance of sample
CPA Certified Public Accountant
CPI consumer price index
CPPI constant proportion portfolio insurance
CPS Current Population Survey
CREF commingled real estate fund
CRO chief risk officer
CV coefficient of variation
DB plan defined-benefit plan
DC plan defined-contribution plan
DCF model discounted cash flow models
DCR debt coverage ratio
DDM dividend discount model
DE ratio debt-equity ratio
df degrees of freedom
DFL degree of financial leverage
DGP data generating process
DJIA Dow Jones Industry Average
DOH days of inventory on hand
DOL degree of operating leverage
DPB discounted payback
DPS dividend per share
DR depository receipt
DRP dividend reinvestment plan
DSCR debt service coverage ratio
DSGE dynamic stochastic general equilibrium
DSO day's sales outstanding
DST daylight saving time
DTL degree of total leverage
DTS dynamic trading strategy
EAA equivalent annual annuity
EAC equivalent annual cost
EAD exposure at default
EaR earnings at risk
EAR effective annual rate
EAY effective annual yield
EBIT earnings before interest and taxes
EBITDA earnings before interest, taxes, depreciation and amortisation
EBS electronic broking service
ECB European Central Bank
ECN electronic communications networks
ECOSOC UN Economic and Social Council
ECP Eurocommercial paper
ECU European Currency Unit
EDA exploratory data analysis
EDPC enhanced derivatives products company
EFP exchange for physicals
EFT electronic funds transfer
eFX Electronic Foreign Exchange
ELN equity-linked note
EMH efficient market hypothesis
EMS European Monetary System
EOI expression of interest
EPS earnings per share
EQUIS European Quality Improvement System
ERP equity risk premium
ERR earnings retention rate
ES expected shortfall
ESA Exchange Settlement Account
ESO employee stock option
ESS explained sum of squares
ETC equipment trust certificate
ETF exchange traded fund
ETL expected tail loss
EU European Union
EUR Euro
Euribor Euro Interbank Offered Rate
European ERM European Exchange Rate Mechanism
EV enterprise value
EVA economic value added
EWMA exponential weighted moving average
FAF Financial Accounting Foundation
FASB Financial Accounting Standards Board
FASIT financial asset securitisation investment trust
FCF free cash flow
FCFE free cash flow to equity
FCFF free cash flow to the firm
FCM Futures Commission Merchants
FDI foreign direct investment
FDIC Federal Deposit Insurance Corporation
FDS fee disclosure statement
FED Federal Reserve
FIAA Fellow of the Institute of Actuaries of Australia
FIFO first in first out
FINSIA Financial Services Institute of Australasia
FOFA Future of Financial Advice
FOK order fill or kill order
forex foreign exchange
FRA forward rate agreement
FRM Financial Risk Manager
FRN floating-rate note
FSA Fellow of the Society of Actuaries
FSB Financial Stability Board
FSF Financial Stability Forum
FSG financial services guide
FTA Free Trade Agreement
FTE flow to equity
FTZ Free Trade Zones
FV future value
FVA future value annuity
GAA Global Accounting Alliance
GAAP generally accepted accounting principles
GARCH generalised ARCH
GARP Global Association of Risk Professionals
GATT General Agreement on Tariffs and Trade
GBM geometric Brownian motion
GBP British Pound
GDP gross domestic product
GDR global depository receipt
GDS ratio gross debt service ratio
GFC Global Financial Crisis
GFCF gross fixed capital formation
GGM Gordon Growth model
GICS Global Industry Classification Standard
GIPS Global Investment Performance Standards
GMAT Graduate Management Admission Test
GNI gross national income
GNP gross national product
GP general partner
GPA grade point average
GPFRs general purpose financial reports
GRE Graduate Record Examinations
GRS global registered share
GSE government-sponsored enterprise
GST Goods and Services Tax
GTC order good-till-cancelled order
GVA gross value added
HAC heteroskedasticity and autocorrelation consistent
HFT high-frequency trading
HKD Hong Kong Dollar
HPR holding period return
HPY holding period yield
IAQF International Association for Quantitative Finance
IASB International Accounting Standards Board
IBF International Banking Facility
IBRD International Bank for Reconstruction and Development
ICAA Institute of Chartered Accountants Australia
ICC International Chamber of Commerce
ICC International Criminal Court
ICJ International Court of Justice
ICMA International Capital Market Association
ICSID International Centre for Settlement of Investment Disputes
IDA International Development Association
IE interest expense
IELTS International English Language Testing System
IFC International Finance Corporation
IFI international financial institution
IFRS International Financial Reporting Standards
IID independent and identically distributed
IMF International Monetary Fund
INR Indian Rupee
IOC order immediate or cancel order
IOS investment opportunity schedule
IOSCO International Organization of Securities Commissions
IPA International Phonetic Alphabet
IPO initial public offering
IPS investment policy statement
IQR interquartile range
IRR internal rate of return
IRS Internal Revenue Service
IS investment saving
ISA International Standards on Auditing
ISDA International Swaps and Derivatives Association
ISE International Securities Exchange
ISO International Organisation for Standardisation
ITC invite to comment
ITM in the money
JPY Japanese Yen
JV joint venture
KRW South Korean Won
LBO leveraged buyout
LCD lowest common denomitor
LDC least developed country
LEAPS long-term equity anticipatory security
LFS Labour Force Survey
LGD loss given default
LIBID London Interbank Bid Rate
LIBOR London Interbank Offered Rate
LIFO last in first out
LM liquidity preference money supply
LOC line of credit
LP limited partners
LRAS long run aggregate supply
LSAT Law School Admission Test
LSE least squares estimators
LSE London School of Economics
LSE London Stock Exchange
M&A mergers and acquisitions
MACD moving-average convergence/divergence oscillator
MAD mean absolute deviation
MAE mean absolute error
MBA Master of Business Administration
MBO management buyout
MBS mortgage-backed security
MC marginal cost
MD&A managements discussion and analysis
MDB multilateral development bank
ME mean error
MGF moment-generating function
MIGA Multilateral Investment Guarantee Agency
MIRR modified IRR
MIT Massachusetts Institute of Technology
ML maximum likelihood
MLR multiple linear regression
MM Modigliani-Miller
MMA mixed martial art
MMA money market account
MMY money market yield
MNC multinational corporation
MNE multinational enterprise
MOOC massive open online course
MP marginal product
MPC marginal propensity to consume
MPRF monetary policy reaction function
MPS marginal propensity to save
MPT modern portfolio theory
MR marginal revenue
MRAS medium run aggregate supply
MRQ most recent quarter
MRS marginal rate of substitution
MSD mean squared deviation
MSE mean squared error
MTF multilateral trading facility
MTN medium-term note
muni municipal bond
MXN Mexican Peso
MYOB Mind Your Own Business
NAFTA North American Free Trade Agreement
NAIRU non-accelerating inflation rate of unemployment
NATO North Atlantic Treaty Organization
NAV net asset value
NBER National Bureau of Economic Research
NCO net capital outflow
NDB New Development Bank
NDF non-deliverable forward
NDP net domestic product
NF naive forecast
NFV net future value
NGO non-government organisations
NI net income
NII net interest income
NIPA national income and product account
NIRR net internal rate of return
NLP neuro-linguistic programming
NLRM nonlinear regression model
NNI net national income
NNP net national product
NOPLAT net operating profit less adjusted taxes
NPAT net profit after tax
NPV net present value
NWC net working capital
NX net export
NYMEX New York Mercantile Exchange
NYSE New York Stock Exchange
NZD New Zealand Dollar
OAS option-adjusted spread
OCC Options Clearing Corporation
OCF operating cash flow
OCI other comprehensive income
OCR official cash rate
OECD Organisation for Economic Cooperation and Development
OID original issue discount
OIS overnight index swap
OLG model overlapping generations model
OLS ordinary least squares
OPEC Organization of the Petroleum Exporting Countries
OPEX operating expense
OPIC Overseas Private Investment Corporation
OROA operating ROA
OTC over-the-counter
OTM out of the money
P&F chart point and figure chart
P/B ratio price to book ratio
P/CF ratio price to cash flow ratio
P/E ratio price to earnings ratio
P/S ratio price to sales ratio
PACF partial ACF
PAE planned aggregate expenditure
PAYG Pay as You Go
PCA principal component analysis
PD probability of default
PDF probability density function
PDI personal disposable income
PDS product disclosure statement
PEF private equity fund
PEG ratio P/E to growth ratio
PI profitability index
PIK bond payment-in-kind bond
PIPE private investment in public equity
PIRR pooled IRR
PMF probability mass function
POS point of sale
PP&E property, plant & equipment
PPF production possibility frontier
PPI producer price index
PPP Public Private Partnerships
PPP purchasing power parity
PRF population regression function
PRL population regression line
PRM Professional Risk Manager
PRMIA Professional Risk Managers' International Association
PTOI pretax operating income
PV present value
PVA present value annuity
R&D research and development
RBA Reserve Bank of Australia
RBC real business cycle
REIT real estate investment trust
REMIC real estate mortgage investment conduit
repo repurchase agreement
RFP request for proposal
RIM residual income model
RIV residual income valuation
RMSE root-mean-squared error
ROA return on asset
ROC oscillator rate of change oscillator
ROCE return on common equity
ROE return on equity
ROI return on investment
ROIC return on invested capital
RONIC return on new invested capital
ROR rate of return
ROV real option valuation
RPI Retail Price Index
RRR required rate of return
RSD relative standard deviation
RSI relative strength index
RSI repetitive strain injury
RSS residual sum of squares
RTGS real-time gross settlement
RUB Russian Ruble
RV redemption value
SAA strategic asset allocation
SAC statements of accounting concepts
SCL security characteristic line
SCO Shanghai Cooperation Organisation
SDA same-day affirmation
SDE stochastic differential equation
SDR simple discount rate
SDRs special drawing rights
SE standard error
SEC U.S. Securities and Exchange Commission
SEHK Hong Kong Stock Exchange
SEZ Special Economic Zone
SG&A selling, general and administrative expenses
SGD Singapore Dollar
SGP Stability and Growth Pact
SGX Singapore Exchange
SIFI systemically important financial institution
SIFMA Securities Industry and Financial Markets Association
SIPC Securities Investor Protection Corporation
SIV structured investment vehicle
SLR simple linear regression
SMA separately managed account
SME small and medium enterprises
SML security market line
SMSF self-managed super fund
SOA Society of Actuaries
SOA Statement of Advice
SOX Sarbanes-Oxley Act
SPE special purpose entity
SPPEF special purpose PEF
SPSS Statistical Package for the Social Sciences
SPV special purpose vehicle
SRAS short run aggregate supply
SRF sample regression function
SRI socially responsible investing
SRL sample regression line
SRO self-regulatory organisation
SRS simple random sample
SSE Shanghai Stock Exchange
SSE sum of squares due to error
SSR sum of squares due to regression
SST total sum of squares
STP straight-through process
STRIPS Separate Trading of Registered Interest and Principal Securities
SUE standardised unexpected earnings
SWF social welfare function
SWF sovereign wealth fund
SWIFT Society of Worldwide Interbank Financial Telecommunications
TARP Troubled Asset Relief Program
T-bill treasury bill
TC total cost
TFC total fixed cost
TFN tax file number
TFP total factor productivity
TIPS Treasury Inflation-Protected Securities
TOEFL Test of English as a Foreign Language
TP total product
TR total revenue
TRIN short-term trading index
TSE Tokyo Stock Exchange
TSX Toronto Stock Exchange
TTM trailing twelve-month
TVC total variable cost
TVM time value of money
UCP undistributed corporate profits
UNASUR Union of South American Nations
UNCTAD United Nations Conference on Trade and Development
UNSNA United Nations System of National Accounts
USCP US commercial paper
USD United States Dollar
VaR value at risk
VC venture capital
VIX Volatility Index
VWAP volume-weighted average price
WACC weighted average cost of capital
WACE weighted average cost of equity
WBG World Bank Group
WCDR worst case default rate
WTO World Trade Organisation
YTC yield to call
YTM yield to maturity
ZCB zero-coupon bonds