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Abnormal Obsolescence

The loss in value of an asset (or broadly an item) as a result of to a decrease in demand...

ABS

It stands for asset backed security; a security that is created by means of a process called "securitization"- the creation...

Asset-Backed Security

A security that is created by means of a process called "securitization"- the creation of securities backed by pools of...

Attachment Point

The lower tranche boundary that specifies, in addition to the upper tranche boundary (detachment point), a collateralized debt obligation tranche...

Auto-Callable Absolute Return Barrier Note

An absolute return barrier note (ARBN) which is generally “continously callable”- i.e., with continuous call dates. This allows the note…

Autocallable Bond

A structured fixed-income security (bond) that allows the holder an early redemption if a predefined event (early redemption event, or…

Accumulated Dividends

All past unpaid dividends on preferred stock containing a cumulative dividend feature. That means dividend payments on cumulative preferred stock…

ACYN

It stands for auto-callable yield note; a structured note in which the coupon is linked to more than one underlying...

Auto-Callable ARBN

An absolute return barrier note (ARBN) which is generally “continously callable”- i.e., with continuous call dates. This allows the note…

Accommodation Paper

A negotiable instrument that is endorsed by a party that does not receive any compensation/reward in return. In other words,…