HFCS
Noun
Meaning
HFCS (uncountable)
Initialism of high fructose corn syrup.
Examples
“A shift of large borrowers such as non-banking financial companies (NBFCs) and housing finance companies (HFCs) to the banking system for their funding requirements, had boosted bank credit growth in FY2019.
HFCs pose no harm to the ozone layer because, unlike CFCs and HCFCs, they do not contain chlorine.
HFCS has simply replaced sucrose as a sweetener.
However, with the development of HFCS, a significant shift occurred in the type of sweetener consumption in certain countries, particularly the United States.
It shall serve the purpose of purchasing investment-grade commercial papers and non-convertible debentures of NBFCs and HFCs until September 30, 2020, and is expected to recover all dues by December 31, 2020.
Corporate bonds yields also fell, especially NBFC and HFCs on TLTRO and special refinance scheme.