Filter by Categories
Accounting
Banking

Notional Interest Only

An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...

Notional IO

An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...

Notional Bond

A standardized bond (in terms of its coupon and maturity) that is used as the basis for bond futures contracts....

Nominal Value of a Convertible Bond

The unit size of a convertible bond. It is amount for which a bond can be redeemed at maturity. It...

Nominal Exercise Price

The exercise price of an option whose underlying is a Ginnie Mae certificate. This price is equal to the dollar...

Nominal Gearing

The price of the underlying of a warrant divided by the price of the warrant. More specifically, it is the...

Nominal Yield

The rate which is earned on a bond purchased at a price equal to par value, and is paid by...

Nominal Interest Rate

The interest rate that is expressed and shown as a percentage interest on the "face" of a bond or a...

Non-Notification Factoring

A type of factoring in which the trader's clients are not notified to pay the factor, but rather continue to...

Non-Recourse Factoring

A type of factoring in which all factoring services or facilities are provided by the factor to the seller, including...