A type of financial transformation in which the liabilities of intermediaries, such as banks and non-banks, are typically much more...

A type of factoring in which a factor collects the payments falling due directly from the debtors (customers owing the...

A step-up callable note whose initial coupon is well above market rates (for vanilla bonds) and which allows more than one step-up (increase) in its...

A step-up callable note whose initial coupon is well above market rates (for vanilla bonds) and which allows more than one step-up (increase) in its...

A type of floating-rate preferred stock whose dividend payments are determined at periodic auctions carried out by the issuer rather...

The reference rate which is used to calculate the premium that a bond buyer will pay. Adding a spread to...