TRS

Abbreviation with 2 meanings

TRS
Stands forTip, ring, sleeve
Meanings2
CategoriesTechnology & Computing, Business & Finance

TRS has two meanings. It stands for Tip, ring, sleeve (consumer electronics) or Total return swap (bond & Fixed-Income).

Meanings of TRS at a glance

#TRS stands forContext
1Tip, ring, sleeveTechnology & Computing › Consumer Electronics
2Total return swapBusiness & Finance › Bond & Fixed-Income

1. Tip, ring, sleeve

Technology & Computing · Consumer Electronics Abbreviations

Audio connector with three contacts, used in 3.5 mm headphone plugs and 6.35 mm (quarter-inch) jacks. In headphones it carries left, right and ground; in pro audio it carries balanced mono signals.

Example: Use TRS cables between the audio interface and the studio monitors for a balanced connection.

A plug with two contacts is TS (tip, sleeve), used for guitar and mono instrument cables; connecting a TS cable where TRS is expected can cause noise or silence. The quarter-inch jack descends from 19th-century telephone switchboards, which is why it is also called a phone plug. Each conductor is separated by a small insulating ring visible on the plug.

2. Total return swap

Business & Finance · Bond & Fixed-Income Abbreviations

Derivative in which one party pays the total return on an asset, including income and price changes, and receives a financing rate such as SOFR plus a spread. It lets investors gain economic exposure to assets without owning them.

Example: The fund held its stock positions through TRS contracts with several banks, keeping them off the share register.

Total return swaps are widely used by hedge funds for leverage. The 2021 collapse of Archegos Capital Management, which had built concentrated exposures through such swaps, cost its banks more than $10 billion. Regulators tightened disclosure rules for security-based swaps afterward.

More consumer electronics abbreviations

  • THX – Tomlinson Holman's eXperiment
  • TN – Twisted nematic
  • TPU – Thermoplastic polyurethane
  • TRRS – Tip, ring, ring, sleeve
  • TV – Television
  • TWS – True wireless stereo
  • UHD – Ultra High Definition
  • VA – Vertical alignment

See all 104 consumer electronics abbreviations →

More bond & Fixed-Income abbreviations

  • T-bill – Treasury bill
  • T-bond – Treasury bond
  • T-note – Treasury note
  • TIPS – Treasury Inflation-Protected Securities
  • UST – United States Treasury securities
  • WAL – Weighted average life
  • YTC – Yield to call
  • YTM – Yield to maturity

See all 42 bond & Fixed-Income abbreviations →

Edited by the AbbreviationList.com team. Spotted an error or a missing meaning? Contact us.