A collateralized mortgage obligation (CMO) whose principal redemption is paid out of payments from an accrual bond or a Z-bond....

A bond that has a floating rate interest- that is, an interest rate that adjusts periodically (monthly, quarterly, semi-annually, etc.)...

A taxation principle which maintains that the amount of taxes should vary with the levels of wealth or income. That...

Broadly speaking, it is the borrower’s ability to fulfill current and future debt obligations by making timely principal and interest...

The sale of collateralized assets. It is a process that involves a borrower's realization of the partial or full value...

The sale of collateralized assets. It is a process that involves a borrower's realization of the partial or full value...

A situation that arises when the total liabilities of a company to its creditors exceed its total assets. A firm...

Earnings of a company which are reported on its income statement. In other words, accounting earnings refer to the amount...

The net income which is earned and calculated over a designated period of time according to accounting principles (such as...

It stands for accounting rate of return; the ratio of return before interest and taxes to the capital employed as...