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Wrinkles

A slang term for a set of special or exceptional features that are added to ordinary investments or instruments in...

Bells and Whistles

A slang term for a set of special or exceptional features that are added to ordinary investments or instruments in...

Bells and Whistles

Nonessential features or enhancements which are designed to add more financial appeal to a particular instrument or transaction. For example,...

5-30 Swap

A bizarre swap transaction (a proprietary leveraged rate swap) that was entered into between Bankers Trust (BT) and Procter &...