Filter by Categories
Accounting
Banking

Deep Discount Bond

Also discount bond. By definition it is a bond that accrues interest over its life. Accrued interest is only payable...

Dragon Bond

A bond that is denominated in U.S. dollars but sold mainly in and through Hong Kong and Singapore financial markets....

Duration Extension Swap

A bond swap that involves swapping a short maturity bond with a longer maturity bond. This swap helps investors to...

Drawdown

An act by which an amount of money is used after it has been made available for a particular purpose....

Dirty Price

The all-inclusive price of a bond. That is, the market price of a bond or a similar fixed-income security in...

Drop-Lock FRN

A floating-rate note (FRN) which has a rate trigger allowing the interest to convert to a specified fixed rate for...

Domestic Letter of Credit

A letter of credit that represents a guarantee by an issuing bank rather than a source for payment. A bank...

Disguised Reloading

With respect to an executive stock option (ESO), it is a form of compensation (reload options) to favored executives in...

Distressed Securities

Securities such as stocks, bonds, and trade or financial claims of companies which are in or close to financial distress....

Discretely Callable Bond

A callable bond that is structured in a way that the issuer can recall it only periodically or on discrete...