Planned amortization class bond; a tranche of a collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular...

A phenomenon that arises when a planned amortization class (PAC) schedule is not met even if prepayments on the collateral...

It stands for participating convertible preferred stock; a combination of a redeemable preferred stock with common stock. The resulting stock...

A combination of a redeemable preferred stock with common stock. The resulting stock receives the redemption value in additional to...

A note (floating rate note) which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up...

A note which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up to a specific...

A note which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up to a specific level...

A note which allows the holder to receive a guaranteed minimum rate plus extra coupon payments up to a specific level...

The face value (par value) of a bond or a similar debt security that is used to figure out the...

The stated value of an investment/ instrument/ security. It refers to the fixed monetary value of stocks, bonds, investments, and...