Moisture-associated skin damage (MASD) is the general term for inflammation or skin erosion caused by prolonged exposure to a source of moisture such as urine, stool, sweat, wound drainage, saliva, or mucus.
The tri-party repo market is one where securities dealers fund their portfolio of securities through repurchase agreements, or repos. A repo is a financial transaction in which one party sells an asset to another party with a promise to repurchase the asset at a pre-specified later date.
Should Spotify list directly, it probably would do so at a valuation of about $13 billion, one of the people who had been briefed said. It's really hard to know what this means. In an IPO, the IPO price (pre-pop) is the official valuation you go public at.