It refers to shares bought in a private company that do not entitle their holders to current scrip issues. In…

A warrant whose ultimate payoff or redemption value is likely to be determined based on the results of an election.…

A variable rate note (floating rate note) that pays a floating coupon after a predetermined date; before this date the…

It stands for earnings before interest, depreciation and amortization. By definition, it is a measure of a firm's cash flow...

It stands for exchangeable variable rate note; a variable rate note (floating rate note) that pays a floating coupon after…

The risk that arises during periods of rising interest rates when borrowers tend to pay off their loans later than...

A financial security (stock, bond, etc) that is sold without the warrants that were attached thereto at the time of…

An abbreviation for equity-linked security; an equity-linked debt issue whose returns are keyed to the performance of a common stock…

An investment strategy that combines a short-term fixed income portfolio with an equity swap. The potential returns would exceed the…

A dividend that is paid for exceptional reasons and is unlikely to be paid again in the foreseen future, if…