An alternative term for attachment point; the lower tranche boundary that specifies, in addition to the upper tranche boundary (detachment...

The market value of the components (lines of business, divisions, units, etc.) of a firm, assumed to be sold off...

A synthetic collateralized debt obligation (synthetic CDO) that has a fixed (static) reference portfolio until maturity. Once a sponsor constructs...

A collateralized debt obligation (CDO) that is a variation of a standard or vanilla CDO, but in which the underlying...

A tranche (CDO tranche) of a synthetic CDO; a structured product that is based on an underlying portfolio of equally...

The simplest version of a tranche. That is, a tranche that has no extra features other than its basic form....

It stands for systematic risk premium; the risk premium for systematic risk. It is the risk premium against the overall...

The risk premium for systematic risk. It is the risk premium against the overall market risk, reflecting the additional compensation...

In the U.K, it is used to refer to a bond swap. It is a trade that involves the sale...

A note, similar to commercial paper, which is used to finance project facilities. It comes at a lower interest cost...