The stated face value of a bond. For illustrative purposes, the par value is assumed to be $1,000, although any...
The return from a bond that incorporates the interest received during the holding period and any capital gains (the difference...
A bond's ability to convert from one form to another. Typically, an interchangeable bond can be converted from coupon payment...
The leverage in which the so-called recourse borrowing is used. It is backed by collateral posted by the borrower. The...
A type of arbitrage that involves attempting to profit from specific deviations from interest rate parity by entering into a...
A warrant that is issued by a third-party (i.e., neither a company on its own equity or debt nor holders...
A warrant that is attached to a straight debt instrument, giving the holder to the right (option) to exercise on...
The cash or cash-equivalent proceeds that can be realized by hurriedly liquidating an investment, like an asset or a host...
It stands for absolute return barrier note; a barrier note that pays the holder (investor), at maturity, the absolute performance...
A securitized product (a type of collateralized debt obligations – CDOs) that originates obligations collateralized or backed by a pool...