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Banking

Seasoned Security

A security (debt security, equity security, etc.) that has traded for a period of time long enough (e.g., 90 days)...

Nominal Gearing

The price of the underlying of a warrant divided by the price of the warrant. More specifically, it is the...

Nominal Yield

The rate which is earned on a bond purchased at a price equal to par value, and is paid by...

Coupon

The regular amount of interest payment that is made to bondholders during the lifetime of a bond (or a similar...

Coupon Rate

The rate which is earned on a bond purchased at a price equal to par value, and is paid by...

Nominal Interest Rate

The interest rate that is expressed and shown as a percentage interest on the "face" of a bond or a...

Face Interest Rate

The interest rate that is expressed and shown as a percentage interest on the "face" of a bond or a...

Debt Security

A financial asset whose owners/ holders are entitled to receive- from the other party, i.e., a borrower/ issuer, a stream...

Bond

A debt security that represents an amount of money owed by the bond issuer to a bondholder. The issuer is...