The occurrence of either of two situations, whichever earlier:Â 1) a regulator decides that it is necessary to write down...
The amount of capital provision (haircut) that a bank or financial institution makes when booking a specific transaction so that...
A short form of wedding cake promissory note; a type of structured promissory note that has multiple double no touch barriers.…
A short form of range accrual promissory note; a type of structured promissory note that has the potential to increase the…
A type of subordinate mortgage (junior mortgage) in which the principal obligation is secured by one or more superior mortgage…
A jargon term for wraparound mortgage; a type of subordinate mortgage (junior mortgage) in which the principal obligation is secured…
The regulation process whereby a regulatory authority (e.g., a central bank) set or direct the setting of prices that will...
The regulation process whereby a regulatory authority (e.g., a central bank) set or direct the setting of prices that will...
The regulation process whereby a regulatory authority (e.g., a central bank) set or direct the setting of prices that will...
A financial promotional effort by which a bank tries to reach prospects (prospective or potential customers), who have already shown…
