The final stage that consummates an initial public offering, specifically when an underwriting syndicate has been assured by solid commitments…
A dividend that is paid out of paid-in capital rather than from current net profits or retained earnings. Unlike, stock…
A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...
A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...
A security that exposes its holder (investor) to market risk in terms of volatility as to price, rate, returns, repayment...
Broadly speaking, it is the type of risk that an entity decides to retain rather than transfer to other market...
Also, loan recasting/ mortgage recasting), a process involving a re-amortization of an existing loan, without changing the loan's term or...
A tranche that comes with the lowest priority amongst the entire set of tranches constituting a securitized structure (CMBS structure,...
A debt reduction method whereby an individual who owes more than one debt pays off first the smallest one, then…
The complete whole loan that is extended to a borrower for residential financing. It is a standalone, individual loan that...