ELI5: Explain Like I'm 5

Multi-curve framework

A multi-curve framework is a way for financial markets to track and manage different kinds of investments. It's like setting up a lot of different paths for you to go down and managing them all at the same time. For example, in a multi-curve framework, you can have a path for stocks, a path for bonds, and a path for other kinds of investments. Each path has its own rules and regulations, and it's a way to keep track of all the different investments you want to make. It helps you make sure you're always investing in the right things and getting the most out of your money.