Ncd is the abbreviation of Non-collateralizeddebt, also known as unsecured debt. It is a loan that does not need collateral as repayment guarantee, and the borrower bears the repayment responsibility instead of relying on collateral as repayment guarantee.
The typical borrower of Ncd is an enterprise, institution or individual, and the borrower's credit rating will determine its loan interest rate and circulation. Ncd has the advantages of low interest rate and strong liquidity, and investors can get reasonable returns by investing in Ncd.
Second, what are NCD and ia in the network?
NCD is the abbreviation of Nokando, which means: impossible, impossible. IAS is a patented audio technology developed by ExtremeAudioRe-ality Identity, Inc(EAR) with the assistance of developers and hardware manufacturers. This technology can test the system hardware and manage all the requirements of the sound platform, so that developers can write it once and run it anywhere. IAS provides DS3D support and other surround sound implementations for sound designers to manage all sound resources. In this way, developers can spare more energy to create real 3D sound effects without worrying about compatibility and other issues.
3. What does 3.ncd mean in the auto insurance policy?
NCD, the coefficient of preferential treatment without compensation, is the coefficient of floating rate according to the accident situation of the vehicle insured by the customer in the last year or several years. It is formulated and promulgated by the China Insurance Association, and can be queried and used through the auto insurance information platform. The NCD coefficient value refers to that the owner has not been out of danger for three consecutive years, 0.7 for two consecutive years, 0.85 for last year, 1 times for new cars and platforms last year, or 1.0 for non-floating reasons, 2 1.25 for last year and 3 1.5 for last year. Motor vehicle insurance refers to a kind of commercial insurance that bears responsibility for personal injury or property loss caused by natural disasters or accidents. Its insurance customers are mainly legal persons and individuals who own various motor vehicles; The subject matter of insurance is mainly various types of cars, but it also includes special vehicles such as trams, battery cars and motorcycles. Auto insurance, that is, motor vehicle insurance, referred to as auto insurance, refers to a commercial insurance that takes responsibility for personal injury or property loss caused by natural disasters or accidents. Automobile insurance is a kind of property insurance, which has matured with the appearance and popularization of automobiles. In addition to the compulsory insurance that the state forces motor vehicle owners to buy, other motor vehicle insurance is divided into two categories. These two types of insurance * * * include two basic types of insurance: one is basic insurance, including vehicle loss insurance and third-party liability accident insurance, and the other is additional insurance voluntarily insured by vehicle owners, mainly including vehicle theft, vehicle liability insurance, glass breakage insurance, spontaneous combustion loss insurance and special insurance without deductible. The basic function of insurance is to organize economic compensation and realize the payment of insurance money, and it is also the basic function of motor vehicle insurance. Through motor vehicle insurance, the risks faced by enterprises, families and individuals who own motor vehicles and their loss consequences can be dispersed and passed on in the whole society, which embodies the social principle of "danger, dispersion of losses". Since 1950s, with the rapid expansion of automobile manufacturing in Europe, America, Japan and other countries, motor vehicle insurance has also been widely developed and become the most important commercial insurance in all countries. By the end of 1970s, automobile insurance had accounted for more than 50% of all property insurance. From China's point of view, with the increasing number of cars, auto insurance has become the main part of China's non-life insurance market and the largest property insurance. In domestic insurance companies, the premium income of auto insurance business has accounted for more than 50% of the total premium income of their property insurance business, and the premium income of some companies accounts for more than 60% of the total premium income of their property insurance business. The profit and loss of auto insurance business directly affects the economic benefits of property insurance industry.
4. What does 4.ncd mean?
Interbank deposit certificates (NCD) are issued in the national interbank market, and are mainly invested and traded by national banks, fund management companies and fund products. Deposit-taking financial institutions can determine the issuance amount and duration of each interbank deposit certificate by themselves within the filing quota of the current year, but the single issuance amount shall not be less than 50 million yuan.
Interbank certificates of deposit have a term of no more than 1 year, and the interest period is 1 month, 3 months, 6 months, 9 months, 1, which is priced with reference to the Shanghai Interbank Offered Rate in the same period.
Interbank certificates of deposit, as a substitute for interbank deposits, have improved the short, medium and long-term interest rate curve of Shibor quotation in the interbank lending market. August 20 13, the central bank has considered trying to issue interbank certificates of deposit in the interbank market, which has opened the prelude to relevant political reforms.
Market situation of interbank deposit certificates
On August 2013 14, a person close to the central bank revealed that the marketization of deposit interest rates could not be achieved overnight, and the deposit interest rate itself was not completely liberalized. First of all, it is a good time window to launch interbank deposit certificates. The central bank has done research for this purpose, studied and fully demonstrated the issue object, term and pricing method, examination and approval procedures and quota, issuance, circulation, transfer method, and regulatory ownership, and also explored the issuance and delivery of alternative financial products such as interbank deposit certificates, which were first issued in early 0 14.
Since 20 13, the regulatory authorities have repeatedly warned of risks. Under the influence of a series of strict regulatory policies, banks have to do full-scale buy-back business, interbank deposit business is still very active, and offline transactions are also difficult. At the same time, it also provides an opportunity for the pilot issuance of interbank deposit certificates.
interest rate
The issue interest rate and issue price of interbank deposit certificates are determined in a market-oriented manner. Do not exceed 1 year, which are 1 month, 3 months, 6 months, 9 months and 1 year respectively. Interest can be calculated at a fixed rate or a floating rate, with reference to the Shanghai Interbank Offered Rate for the same period.
Tencent Finance, a bank of the Institute of Finance of China Academy of Social Sciences, pointed out that interbank deposit certificates are based on Shibor pricing and can be
However, Ceng Gang also said that Shibor's current problem is that its products are not enough, so it can't accurately reflect the supply and demand of funds. However, "if there is more Shi, then Shibor itself will be more effective as the benchmark interest rate."
Guotai Junan Research Report pointed out that there are few interbank lending or repurchase transactions for more than three months, which makes Shibor unable to reflect the real level of market supply and demand.
A person from the financial market department of a policy bank said that the interest rate of certificates of deposit should be closer to the interest rate of government bonds with the same maturity, rather than the three-month Sh financing business is a long-term business, but Shibor is still a new short-term liquidity tool. However, because the current yield curve of national debt is not perfect, the central bank decided to explore based on Shibor.
The bor of 65438+February was 5.338%, which was much lower than that of interbank deposits in the same period. At present, Libor is being adjusted to a reasonable level, and the market is seeking a balance.