Filter by Categories
Accounting
Banking

Synthetic PERCS

Another term or a synthetic high income equity-linked security (SHIELDS); a structured equity-linked note (ELN) that is issued not by...

CB Asset Swap

It stands for convetible bond asset swap; an asset swap whose underlying is a convertible bond. In terms of composition,…

PT Two-Asset Option

A two-asset option that has a predetermined time window (monitoring period) during which one of two underlying assets is observed…

EVRN

It stands for exchangeable variable rate note; a variable rate note (floating rate note) that pays a floating coupon after…

NGW

It stands for negative goodwill; a situation that occurs when an entity acquires another or its assets (business combinations) for...

ASAM

It stands for automated search and match; an automated system that is used at the New York Stock Exchange (NYSE)…

CEY 

It stands for coupon equivalent yield; the rate of return which is quoted on bonds on the basis of simple…

PTS

It stands for pass-through security; a pass-through security (PT security), also a pay-through security, is a security issued out of...

Indexed LYON

A liquid yield option note (LYON) whose principal amount was tied to the performance of the NYSE Composite Index. This…

HELOC

An acronym for home-equity line of credit; a line of credit that is secured by a borrower's home equity. As...