Definition of Axe Sheet
What is an Axe Sheet
An axe sheet is a listing of secondary bids and offers for loans that dealers send to their accounts. They specify loans that a bank has previously handed to a company and now wants to sell to another bank or trade in the secondary market.
Glossary of Terms and Phrases
A financial dictionary or glossary is an essential tool to better understand the meaning of a specialized term or phrase. It would obviously make life much easier if everyone spoke the same language and used the same financial terms and phrases but that is not realistic.
We learn new languages to communicate with each other, transact business globally and to appreciate other cultures. Global finance is a specialized language that if understood and mastered, it will provide benefits that help to decrease risk and improve investment returns. Financial literacy is the foundation of developing good investment strategies and sound decision making.