Also discount bond. By definition it is a bond that accrues interest over its life. Accrued interest is only payable...
It stands for participation certificate; a form of compound financial instrument that gives it holders the right to share in...
A form of compound financial instrument that gives it holders the right to share in the distributable profits of an...
A security (a mortgage-backed security, MBS) that is created from pooling mortgages (mortgage loans, as underlying) and sells shares or...
A stock (share of stock) that has an arbitrary value established in the articles (charter) of its issuer (i.e., the...
An instrument that allows investors to participate in the return of a specific underlying asset. Participation is often up to...
An instrument that allows investors to participate in the return of a specific underlying asset. Participation is often up to...
A pipeline or mortgage pipeline describes mortgages that are in the process of being originated. Origination involves creating a loan...
A type of risk that is associated with a financial product that is offered or made but may not be...
It stands for private label mortgage backed security; a type of mortgage-backed security (MBS) that is issued by private entities...