Filter by Categories
Accounting
Banking

Convertible Option Contract

A currency option which is combined with a trigger price feature whereby it is converted into a forward forex contract…

Church Bond

A bond that belongs to the class of socially responsible bonds (or religiously responsible bonds so to speak). It is…

WC Promissory Note

A short form of wedding cake promissory note; a type of structured promissory note that has multiple double no touch barriers.…

Callable Nonconvertible Preferred Stock

A callable preferred stock that which doesn’t allow the investor (holder) to convert into common stock. However, the issuer has…

RA Promissory Note

A short form of range accrual promissory note; a type of structured promissory note that has the potential to increase the…

Certificate of Deposit Index

An index that measures the 12-month average of the monthly average yields (dealer bid rates) of 3-month certificates of deposit…

Wraparound Mortgage

A type of subordinate mortgage (junior mortgage) in which the principal obligation is secured by one or more superior mortgage…

Blanket Fidelity Bond

An insurance instrument that protects against losses caused by employees due to dishonesty, forgery or unauthorized trading. It is blanket…

Credit Improvement Swap

A bond swap that aims to improve the overall credit quality of a portfolio. This involves swapping a low creditworthy…

Cetes Swap

A swap which is similar to a tesobono swap, but with the collateral being the federal Treasury certificates/ Los Certificados…