The cash or cash-equivalent proceeds that can be realized by hurriedly liquidating an investment, like an asset or a host...

A form of zero-coupon convertible bond (convertible zero-coupon bond) that was introduced by Merrill Lynch in 1985. This note was...

An equity structured product (and a reverse convertible) that provides participation leverage with no guarantees as to potential downside risk....

A form of repurchase agreement (repo) in which the borrower of cash doesn't deliver out the collateral, but rather keeps...

A type of transformation that involves matching assets/ investments that have different sizes, pooling small deposits or shares in order...

A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend...

A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend...

A super-senior tranche in which only a part of the tranche notional is paid by the holder. In other words,...

It stands for leveraged super senior tranche; a super-senior tranche in which only a part of the tranche notional is...

A bond with a long period remaining until maturity date. Bonds with more than two years to maturity are often...