The specialness of a repo (repurchase agreement). It is the difference between interest earned on a security posted as a...
The difference between interest earned on a security posted as a loan's collateral and the prevailing interest rate for loan...
A bond (or debt security) is redeemable at par when the holder has the right to receive its par value upon redemption or on maturity date....
A stock trading with rights on entitles new buyers, rather than sellers, to receive rights that have been declared but not yet...
A note that gives the issuer the right to buy back (call or redeem) the note at a predetermined price...
A stock trading with cum rights entitles new buyers, rather than sellers, to receive rights that have been declared but not yet...
The bankruptcy costs incurred by a firm as an indirect result of the bankruptcy process such as lost sales (customers become reluctant to purchase...
The bankruptcy costs that arise from cash outlays that relate to bankruptcy process such as fees paid to lawyers, accountants, administrators, liquidators, and investment bankers involved in bankruptcy proceedings....
An inverse floater whose coupon moves inversely with respect to interest rates by more than one for one. The floater is equipped with a coupon leverage- i.e.,...
A warrant that allows the holder to buy a given amount of a firm's securities at the so-called nominal exercise price. This exercise...
