A leveraged credit linked note (LCLN) is a note that is secured by collateral posted, but for which the borrower...

A leveraged credit linked note (LCLN) is a note that is secured by collateral posted, but for which the borrower...

A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...

A type of toggle tranche that maintains its priority only for a temporary interval defined by the span of time...

Another name for a promissory note, which is a written promise whereby the maker (issuer, payor, obligor, or promisor) unconditionally...

A type of liability that arises unintentionally (i.e., without fault) or that is looked at without regard to fault. Typically,...

A type of financing (loans) in which recourse to a borrower's other assets is not allowable. In the event a...

A type of financing (loans) in which recourse to a borrower's other assets is not allowable. In the event a...

A high quality debt security/ instrument that pays a fixed or floating coupon (interest payment) whose proportion is determined based...

A structured product that is not secured by a collateral asset. Such products are not asset backed, and therefore, in...