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Return of Capital

A dividend that is paid out of paid-in capital rather than from current net profits or retained earnings. Unlike, stock…

Repo Repricing

A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...

Repo Marking To Market

A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...

Risky Security

A security that exposes its holder (investor) to market risk in terms of volatility as to price, rate, returns, repayment...

Risk Retention

Broadly speaking, it is the type of risk that an entity decides to retain rather than transfer to other market...

Recasting

Also, loan recasting/ mortgage recasting), a process involving a re-amortization of an existing loan, without changing the loan's term or...

Residual Tranche

A tranche that comes with the lowest priority amongst the entire set of tranches constituting a securitized structure (CMBS structure,...

Rolldown

A debt reduction method whereby an individual who owes more than one debt pays off first the smallest one, then…

Residential Whole Loan

The complete whole loan that is extended to a borrower for residential financing. It is a standalone, individual loan that...

Reopening

The process of selling bonds or other short-term debt instruments in continuation of past issues. The newly placed bonds/ instruments...