A feature of a structured product (such as an absolute return barrier note) whereby the issuer can, at any observation...

A measure of excess return which is typically defined as the net risk-adjusted premium derived from an investment position or...

A protected bull note in which the final value of the underlying over fixing dates is averaged. The fixing dates...

A financial ratio that relates the cost of goods sold to accounts receivable. This ratio is calculated by dividing the...

A type of corporate debt whereby the collateral value is below standard requirements (usually lower than 30% of the company’s...

An accounting method that is based on the recognition of income as earned and expenses as incurred, regardless of the...

A note in which coupon amount is determined largely or entirely by an embedded range accumulation option, and where the...

A tranche of a collateralized mortgage obligation (CMO) that accrues by adding the interest amount to the face value of...

A loan whose interest rate payments change over the life of the loan. Typically, the adjustable interest rate is tied...

A preferred stock whose dividend is reset at specified periods based, for example, on the maximum of a set of...