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DL Note

It stands for drop-lock note; a floating rate note that converts into a fixed coupon obligation when a reference interest…

DIB

An abbreviation for deferred-interest bond; a special type of deferred-coupon bond in which coupon interest is deferred for a specified…

Documentary L/C

A common method of payment that is used in international transactions to facilitate trade by extending credit to banks’ clients.…

DARTS Preferred Stock

It stands for Dutch auction rate transferable securities preferred stock; a preferred stock whose dividend is reset at specified periods…

Dedication

A fixed-income strategy that aims at buying new cash-generating assets so that their cash inflows will be used to match…

Designer CD

A certificate of deposit that offers an investor the choice to combine any desired maturity and deposit size to meet…

Death Spiral Debt

A type of convertible bond that can result in the creation of ever-increasing amounts of stock shares, driving the respective...

DL Bond

It stands for drop lock bond; a floating-rate bond that converts into a fixed coupon obligation when a reference interest…

Drop Lock Note

A floating rate note that converts into a fixed coupon obligation when a reference interest rate (or index) is traded…

Demand Deposit

A bank account (a type of checking account) that allows its holder to withdraw from deposited funds on demand, i.e.…