GlossaryThe glossary offers definitions of technical terms commonly used in BIS statistics.Filter by Topics77 days or lessAActual social contributions from employers and householdsAdjusted changeAlgoAlgorithmic tradingAll currencies excl. coreAmount outstandingAmounts outstanding / StocksAnnualAnnual growth (BIS calculated)Assistance [INSTR_ASSET] under [REF_AREA] stability mechanism - LCD conceptAudited financial statementBBIS reporting areaBIS reporting countryBIS reporting institutionBIS-splicedBack-to-back tradesBalanceBankBanking officeBanks and securities firmsBanks, central banksBanks, related officesBanks, totalBanks, unrelated banksBelow investment gradeBid-ask spreadBilateral netting agreementBranchBreak in stocksBreak- and exchange rate-adjusted changeBroad (64 economies)Broad debtBrokerBroker-dealerCCBS-reporting countryCLS GroupCPMI cashless paymentsCPMI institutionsCPMI macroCPMI participantsCPMI payment devicesCPMI systemsCalendar componentCapital / equityCapital transfers, excluding nonlife insurance capital claimsCash payment at inception - LCD conceptCash-futures basisCentral CounterpartiesCentral bankCentral bank policy ratesCentral bank total assetsCentralised limit order book (CLOB)Changes in inventories (P52), acquisition less disposals of valuables (P53) and acquisition less disposals of non-financial non-produced assets (NP)Changes in inventories and acquisition less disposals of valuablesChanges in net worth due to other economic flowsClaimCommoditiesCommodity forwardCommodity optionCommodity swapCompensation of employees and other taxes excluding other subsidies on productsCompensation of employees, excluding for own-account capital formation [IMF GFSM definition]Compression tradesConsolidated banking statistics (CBS)Consortium and unclassifiedConsortium bankConsumer price index (CPI)Consumer pricesConsumer prices statisticsConsumption of fixed capital (use of fixed assets) [IMF GFSM definition]Controlling parentCore debtCountercyclical capital buffer (CCyB)CounterpartyCounterparty countryCountryCreditCredit DerivativesCredit commitmentsCredit default swapsCredit derivativeCredit-to-GDP gaps (actual-trend)Credit-to-GDP trend (HP filter)Cross-borderCross-border claimsCross-currency basisCurrency optionCurrency swapsCurrent grants to/from governments and international organizationsCurrent international cooperation, miscellaneous current transfers and VAT and GNI-based EU own resourcesCurrent taxes on income, wealth, etc. + other taxes on production + property income other than interest + other current transfers excluding current transfers to NPISHCurrent taxes on income, wealth, etc., Other taxes on production, Property income other than interest, Other current transfers and Adjustment for the change in pension entitlementsCurrent transfers not elsewhere classifiedCurrent transfers within general government, current international cooperation and miscellaneous current transfersCustomer directCustoms and other import dutiesDDailyDaily average turnoverDaily – businessweekDark poolDealerDebt instrumentDebt securitiesDebt service ratiosDebt, core and broadDeliverable forwardsDerivative claimDerivativesDiscrepancy between the non-financial (B9) and financial (B9F) net lending/borrowingDisposable income, gross, adjusted for the net change in pension entitlementsDomestic banksDomestic claimDomestic collateralDomestic currencyDomestic currency (ie currency of bank location country)Domestic marketDomestic positionsEEconomically active populationEffective exchange ratesElectronic - direct - otherElectronic - direct - single bank systemElectronic - indirect - Dark poolsElectronic - indirect - Disclosed venuesElectronic - indirect - Reuters EBSElectronic - indirect - otherElectronic - indirect - other ECNElectronic Broking SystemElectronic communication network (ECN)Electronic direct tradingElectronic indirect tradingElectronic tradingEmployer social benefits, excluding pension benefits [IMF GFSM definition]Employers' actual non-pension contributionsEmployers' actual pension contributionsEmployers' actual social contributionsEmployers' actual social contributions, excluding for own-account capital formation [IMF GFSM definition]Employers' imputed non-pension contributionsEmployers' imputed pension contributionsEmployers' imputed social contributionsEmployers' imputed social contributions, excluding for own-account capital formation [IMF GFSM definition]Employers' social contributions, excluding for own-account capital formation [IMF GFSM definition]EntityEquityEquity forwardEquity indexEquity optionEquity swapEuro area non-participating foreign currencyEuro area participating foreign currencyExchange rateExchange-traded derivative (XTD)Expense, excluding consumption of fixed capitalExternal positionFFX and break adjusted change (BIS calculated)FX settlement riskFX swapsFinal consumption expenditureFinal domestic demand excluding inventoriesFinancial assetFinancial corporationsFinancial firmsFinancial institutionsFinancial net worth adjusted for pension liabilitiesFinancial statement or accounting balance sheetFixed interest rateForeign ClaimsForeign bankForeign branchesForeign collateralForeign currenciesForeign currency (ie currencies foreign to bank location country)Foreign exchangeForeign exchange including goldForeign exchange swapForeign issuesForeign positionForeign subsidiariesForward contractForward rate agreementsForward rate agreements and IR swapsForwards and swapsFuturesGGeneral governmentGeneral taxes on goods and servicesGlobal liquidityGrants to/from governments and international organizationsGross - grossGross capital formation and acquisitions less disposals of non-produced assetsGross credit exposureGross disposable income - gross operating surplus and mixed income - compensation of employees - social contribution and social benefits, other than social transfer in kind - current taxes on income, wealth, etc.Gross disposable income minus final consumption expenditureGross foreign positionsGross issuesGross national income in market prices [deprecated]Gross negative credit exposureGross negative market valuesGross operating balanceGross positive credit exposureGross positive market valuesGrowth rate, over reference yearGuarantee fees receivableGuarantees extendedGuarantor basisHHalf-yearly, semesterHead officeHedge fundHedge fundsHedge funds and proprietary trading firmsHerfindahl indexHigh-frequency trading (HFT)Hodrick-Prescott (HP) filterHome countryHost countryHourlyHouseholdHouseholds and NPISHsIImmediate counterparty basisImmediate issuerImputed - LCD conceptIndex productIndex productsIndirect taxes excluding VAT and indirect taxes on energyIndividual consumption expenditure of semi-durable and non-durable goods and servicesInstitutional investorsInsurance and financial guaranty firmsInter-officeInterbankInterdealer directInterest rateInterest rate optionInterest rate swapsInterest rate, short-termIntermediate consumption + Other taxes on production + Current taxes on income, wealth, etc. + Adjustment for the change in pension entitlementsInternalisationInternational banking facility (IBF)International claimsInternational debt security (IDS)International institutionsInternational marketsInternational organisationInternational positionsIntragroupInvestment gradeInvestment incomeInvestment income (D4 less D45) (BOP)Inward risk transfersIrregular componentJJapan Offshore MarketLLBS by nationality (LBSN)LBS by residence (LBSR)LBS-reporting countryLoans and depositsLocalLocal claimsLocal currencyLocal liabilitiesLocational banking statistics (LBS)London interbank offered rate (Libor)Long-termMMarket output and output for own final useMarket output, output for own final use and payments for other non-market outputMarket-makerMaster netting agreementMerrill Lynch Multi CurrencyMinutelyMiscellaneous current transfers , other than fines, penalties, and forfeitsMiscellaneous current transfers and VAT- and GNI-based own resources [deprecated]Monetary financial institutionsMonthlyMotor vehicles taxes [IMF GFSM definition]Multi-bank dealing systemsMulti-bank trading platformMulti-nameMulti-name CDSMultiple SectorsNNarrow (27 economies)NationalityNegotiable instrumentNeither seasonally adjusted nor calendar adjusted dataNet - grossNet - netNet capital formation and acquisitions less disposals of non-produced assetsNet issuesNet lending (+) / net borrowing (-) excluding government assistance to the financial corporationsNet lending(+) / net borrowing (-) [IMF GFSM definition]Net lending/net borrowing excluding interest payable (primary deficit or surplus)Net market valueNet national income in market prices [deprecated]Net operating balanceNet payable amount of two sided turnover subject to netting (after netting)Net positionsNet risk transfers (Inward-Outward)Netting agreementNominalNominal valueNon-PvPNon-bank electronic market-makersNon-bank financial corporationNon-bank financial institutionsNon-bank private sectorNon-banks, totalNon-deliverable forwardsNon-financial corporationNon-financial corporationsNon-financial customerNon-financial customersNon-financial firmsNon-financial private sectorNon-financial sectorsNon-local currencyNon-profit institution serving households (NPISH)Non-ratedNon-reportersNon-reporting bankNon-reporting banksNon-sovereignsNot applicableNotional amounts - boughtNotional amounts - soldNotional valueNovationNumber of dealersOOTC derivatives turnoverOfficial monetary authorityOfficial sectorOfficial sector financial institutionsOffshore tradingOne dayOnshore tradingOpen interestOperating surplus, mixed and net property incomeOptionsOptions boughtOptions soldOriginal maturityOtherOther capital transfers and investment grantsOther capital transfers and investment grants, excluding nonlife insurance capital claimsOther current revenueOther customersOther derivativesOther expense [IMF GFSM definition]Other financial institutionsOther financial statementOther instrumentsOther interest rate swapsOther potential exposuresOther precious metalsOther recurrent taxes on propertyOther residual financial institutionsOther revenueOther revenue [IMF GFSM definition]Other social contributionsOther social contributions, employee contributionsOther taxes [IMF GFSM definition]Other taxes on goods and servicesOther taxes on income, profits, and capital gainsOther taxes on international trade and transactionsOther taxes on production + Current taxes on income, wealth, etc. + Adjustment for the change in pension entitlementsOther taxes on use of goods and on permission to use goods or perform activitiesOther taxes, payable by other than business or unidentifiableOther taxes, payable solely by businessOutright forwardOutright forwardsOutright forwards and FX swapsOutstanding - gross credit exposureOutstanding - gross market valuesOutstanding - notional amountsOutstanding - number of contractsOutward risk transfersOver 1 day and less than 7 daysOver 1 month and up to 3 monthsOver 1 yearOver 1 year and up to 5 yearsOver 1 year and up to and including 2 yearsOver 2 yearsOver 3 months and up to 6 monthsOver 5 yearsOver 6 monthsOver 7 days and up to 1 monthOver 7 days and up to 1 yearOver-the-counter (OTC) marketOvernight indexed swapsOwn branches and subsidiariesOwn officeOwn-account capital formationOwn-account capital formation, actual employers' social contributionsOwn-account capital formation, compensation of employeesOwn-account capital formation, imputed employers' social contributionsOwn-account capital formation, other taxes on production minus other subsidies on productionOwn-account capital formation, wages and salaries in cashOwn-account capital formation, wages and salaries in kindPParent bankParent countryPayment versus payment (PvP = c1 + c2 + c3)Payment-versus-payment (PvP) systemsPortfolio or structuredPositionPrecious metalsPremiums of nonlife insurance schemes other than standardized guaranteesPremiums, fees, and claims related to nonlife insurance and standardized guarantee schemesPremiums, fees, and current claimsPrimary and secondary incomePrimary current expenditurePrimary expenditurePrimary incomePrimary net lending(+) / net borrowing (-) [IMF GFSM definition]Prime brokeredPrincipal trading firm (PTF)Private non-financial sectorProfits of export or import monopoliesProperty income and other current transfersProperty income attributed to insurance policy holders and rentProperty income before FISIM allocation, excluding investment income payable on pension entitlements [IMF GFSM definition]Property income from investment income disbursementsProperty income other than interestProperty income other than interest, excluding investment income payable on pension entitlements [IMF GFSM definition]Proprietary tradingProprietary trading firm (PTF)QQuarterlyRRealRecurrent taxes on immovable propertyRecurrent taxes on net wealthRedemptionsRelated Party TradesRemaining changes in net worthRemaining maturityReplacement-cost riskReporting bankReporting countryReporting dealerReporting dealersRepurchase agreement (repo)Request for quote (RFQ)ResidenceResidential property price index (RPPI)Residual (forward rate and IR swaps)Retail-drivenRetail-driven transactionsRisk transferRisk-free rate (RFR)SSPVs, SPCs or SPEsSales by market establishmentsSales deskSales of goods and servicesSavings, gross plus net capital transfersSeasonal and calendar componentsSeasonal componentSecondary incomeSecondary income: All miscellaneous current transfersSecondary income: Other current transfers excluding personal transfersSecondary income: current transfersSecuritised productsShort-termSingle bank proprietary platformsSingle equitySingle-nameSingle-name CDSSocial assistance benefitsSocial benefits and social transfers in kindSocial benefits in cash, excluding other social insurance pension benefits [IMF GFSM definition]Social benefits other than social transfers in kind + social transfers in kind, purchased market production + subsidies payable + current taxes on income, wealth, etc. + other taxes on production + property income other than interest + other current transfersSocial benefits other than social transfers in kind and social transfers in kind - purchased market productionSocial benefits other than social transfers in kind and social transfers in kind - purchased market production + current transfers to NPISHsSocial benefits, excluding other social insurance pension benefits and social transfers in kind - non-market production [IMF GFSM definition]Social contribution and social benefits, other than social transfer in kindSocial contributions, excluding employment related schemes' pension contribution [IMF GFSM definition]Social security benefitsSocial security contributionsSocial security contributions, employee contributionsSocial security contributions, employer contributionsSocial security contributions, self-employed or nonemployed contributionsSocial transfers, other than social transfers in kind minus net social contributionsSovereignsSpecial purpose entity (SPE)SpotStockSubsidiarySubsidies, other than for own-account capital formationSwapTTaxes on goods and servicesTaxes on income, payable by corporations and other enterprisesTaxes on income, payable by individualsTaxes on individual or household income including holding gainsTaxes on international trade and transactionsTaxes on production and imports, other than for own-account capital formationTaxes on propertyTaxes on specific servicesTaxes on the income or profits of corporations including holding gainsTaxes on use of goods and on permission to use goods and perform activitiesTechnical residual (Credit default swaps)Technical residual (Forwards and swaps)Technical residual (Interest rate swaps)Technical residual (Multi-name)Technical residual (options)Technical residual (out. forwards/FX swaps)Technical residual (outright forwards)Technical residual (total)Term of tradeTime of recording and other differences in DDA analysis (ECB concept)Total (all counterparties)Total (all instruments)Total (all maturities)Total (all methods)Total (all ratings)Total (all risk categories)Total (all sectors)Total assets (financial and non-financial)Total capital expenditureTotal claimsTotal current expenditureTotal current revenueTotal demandTotal exchange taxesTotal excisesTotal expenditure other than Compensation of employees, Social benefits and social transfers in kind for products supplied to HH via market producers, Intermediate consumption and Gross fixed capital formationTotal expenseTotal final domestic demandTotal government expenditure [IMF GFSM definition]Total government expenditure excluding: interest, calls on guarantees, capital injections recorded as capital transfersTotal government expenditure excluding: interest, calls on guarantees, capital injections recorded as capital transfers, capital transfers recorded in the context of asset purchasesTotal government revenue [IMF GFSM definition]Total rate (PIM)Total sales taxesTotal taxes on exportsTotal turnoverTrading deskTransfers not elsewhere classifiedTrustee businessTurnover - notional amountsTurnover - notional amounts (daily average)Turnover - number of contractsTurnover - number of contracts (daily average)Turnover to be settled with a single payment (ie non-deliverable)Turnover to be settled with four payments (ie swaps)Turnover to be settled with two payments (ie spot and forwards)Two sided turnover subject to netting (before netting)UUS dollar exchange ratesUltimate issuerUltimate risk basisUnallocatedUnallocated by maturityUnallocated maturity of seven days or lessUndistributedUnemployed personsUp to and including 1 yearUse of goods and servicesVValue Added Tax and GNI - based EU own resourcesValue added excluding FISIMVia "same clearer" or "on-us" accounts with exposure to settlement riskVia "same clearer" or "on-us" accounts without exposure to settlement riskVia CLSVia other PvP or equivalent settlement methodsVis-à-vis countryVoice - directVoice - indirectVoice brokerWWages and salaries, excluding for own-account capital formation [IMF GFSM definition]Weekly[[INSTR_ASSET] other than Assistance [INSTR_ASSET] under [REF_AREA] stability mechanism (L_LSM) - LCD concept
