An interest only strip that serves as a credit enhancer (credit enhancement). A credit-enhancing interest-only strip (I/O) is an on-balance...

A type of credit enhancement that represents the difference between the interest rate received on the underlying collateral (in a...

A form of credit enhancement in which a cash reserve is set up, in connection with a debt issue, from...

A form of financial guarantee insurance that does not cover all debts/ obligations of an insured- borrower but only a...

A form of financial guarantee insurance that does not cover all debts/ obligations of an insured- borrower but only a...

A method/ technique whereby an entity can lower the credit risk of securities that are created and issued on a...

In the United Kingdom, a financial company (such as a bank, merchant bank, etc) that endorses a bill of exchange…

In the context of subprime deals, it is a provision that entails the conversion of deal structure from sequential pay…

A super-senior tranche in which only a part of the tranche notional is paid by the holder. In other words,...

It stands for leveraged super senior tranche; a super-senior tranche in which only a part of the tranche notional is...