The quoted price of a convertible bond which is normally expressed as a percentage of the bond’s nominal value (par…

An option contract in which the underlying’s market price is very near to the strike price. For example, a call…

A mode of trading (mutajarah) which involves the exchange of one asset for another without resorting to a medium of…

A bond that gives its holder a claim against financial asset (i.e., securities) rather than against real or physical assets.…

The excess of the market price of the convertible over its bond value (bond floor). It is typically expressed as…

A hypothetical distribution (dividends) to holders of consent stocks on the last day of the tax year of a company…

It stands for convertible bond option; an option that gives the holder of a convertible bond for shares of common…

A type of sale (ba’i) in which a lender sells a commodity to a borrower for more than its market…

A corporate distribution to a stockholder that is viewed by the tax authorities (such as the IRS) as a dividend…

The right of the holders of a given local currency to dispose of their currency holdings in exchange for goods…