The largest change a futures contract can have in a single trading session before a trading halt is triggered. The…
A bank account (a type of checking account) that allows its holder to withdraw from deposited funds on demand, i.e.…
An option that pays the seller an enlarged or enhanced premium on the condition that the seller refunds the premium…
A provision in specific types of indentures which grants the issuer the right to retire twice as many bonds as…
A preferred stock that is subject to mandatory redemption. More specifically, it contains terms requiring the issuer to recall the…
An option cycle defines the sequence of months in which the expiration dates of an option (stock option) can occur. To…
A bond that pays small coupons over its life, but requires a large payment of principal atmaturity. This bond, therefore, allows…
A leveraged super senior note (LSS note) (a synthetic collateralized note) that is associated with a loss trigger. More specifically…
An interest rate futures contract in which the underlying is typically the three-month interest rate on a floating rate such as LIBOR, EURIBOR, etc. Some firms…
A diagonal put spread which involves selling a higher-strike put option and buying a lower-strike put option, with the overall…
