S/N

S/N
   Abbreviation for spot/next. Used in swap and deposit transactions when the first value date for the transaction is spot value (which in most markets is the value two days from today) and maturity falls on the next working day.
   ► See also Short Dated Forwards/Deposits, Swap.

* * *

S/N UK US noun [C] COMMERCE, TRANSPORT
ABBREVIATION for SHIPPING NOTE(Cf. ↑shipping note)

Financial and business terms. 2012.

Игры ⚽ Нужно решить контрольную?

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”