A corporate fixed-income security that is offered intermittently or continuously by an agent of the issuing company. Notwithstanding the name...

A coupon payment (payoff or interest) for a structured product that has a memory feature. If activated, the product/ instrument,...

An autocallable that has a memory coupon as part of its structure. It provides its holder with early redemption at...

A layer of loss absorption in a collateralized debt obligation (CDO) or any similar structures that is positioned between the...

A memory feature of a structured product (e.g., autocall/ autocallable) that if activated, and if on any coupon observation date...

A phoenix autocall that has no memory. In other words, it is an income product (income-paying structure) that provides a...

The process of swapping bonds of different classes or riskiness to take advantage of lucrative discrepancies in yield. For example,...

A variant of barrier reverse convertible (BRC)- a structured product– that pays a coupon on a frequent basis (e.g., quarterly)…

It stands for moving strike convrtible bond; in Japan, it is a convertible bond in which the conversion price is…

A step-up callable bond whose initial coupon is well above market rates (for vanilla bonds) and which allows more than…