A bond that is issued in small denominations, i.e., for a par value less than $1,000, usually $500 to $25....

A turbo certificate that aims to bet on price decreases. The participation in the downward movement of the underlying will...

A yield enhancement note that provides capped upside participation (exceeding 1 to 1, i.e., above 100%, subject to the cap...

The differential or spread that exists between credit derivatives (such as credit default swaps or CDSs) and their underlying cash...

A slang term for a set of special or exceptional features that are added to ordinary investments or instruments in...

A floating rate note (FRN) which in which interest (coupon) accrues only on days when the reference rate (floating rate)...

A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other...

A hybrid/ structured credit product (bond) that becomes convertible into equity shares if the price of the share exceeds a...

The weighted average price that is paid to stockholders in a two-tier tender offer. For instance, if 60% of shares...

A real estate loan that takes the remaining principal balance and interest rate of an existing loan and blend them...