Accounts payable, abbreviated as A/P or just payables, refer to the unpaid bills of a firm. That is, the short-term...
It stands for pay-in-kind debenture; a bond that confers on the issuer the option to pay interest with additional pay-in-kind...
A bond that confers on the issuer the option to pay interest with additional pay-in-kind (PIK) debentures (baby bonds) rather...
A PSA range within which the underlying mortgage collateral should remain over time so that a PAC bond would stick…
A bond which is payable at par to its holder on demand once the lock-out or deferment period expires. This…
The unit size of a convertible bond. It is amount for which a bond can be redeemed at maturity. It…
An absolute return barrier note (ARBN) (a structured product) in which the coupon is linked to an underlying security or…
An autocall note that provides pre-defined returns from a host of underlying assets (shares) in a relatively flat or even...
The price value of a basis point of a bond is a measure of the bond price volatility to interest…
A type of sinking fund bonds (sinkable bonds or sinkers) in which an equal percentage of bonds are redeemed from…
