The process whereby a company seeks interest from the public at large for an offering either through advertising or any other…

Arabic (إرصاد) for allocation of a public property for public use/ utility. This happens when government authorities earmark and allocate…

A widely held stock that is preferred by typical and institutional investors. It represents businesses with strong earnings growth and…

A floating rate note that is embedded with caps or collars (caps and floors) so that the floating rate movement…

A single-tranche CDO (an exotic CDO product) with a premium starting at a pre-specified time in the future. It involves…

An estimated price of option based on the premise that the relationships between the underlying price and the option price…

A structured note (and a type of range accumulation notes) that allows investors to particularly capitalize on their ability to…

An interest rate swap in which a fixed rate is exchanged into a low, off-market floating rate linked to a…

A capped call whose payoff is received instantaneously by the option holder. The payoff is a cash amount equal to…

A bond which is backed by a party other than the issuer. In other words, the bond’s interest and principal…