An abbreviation for out-of-the-money warrant; a warrant whose exercise price exceeds the price of its underlying at a given point...

A symbol for ex scrip or ex capitalization. It refers to shares bought in a private company that do not...

A collateralized mortgage obligation (CMO) in which principal payment allocation is based on the value of a specific index. In...

The rate a company pays to finance its assets. The weighted average cost of capital (WACC) rate tells a firm...

An interest only (IO) (from a fixed-rate mortgage) which allows bondholders to receive a fixed coupon while the amount of...

An interest only (IO) (from a fixed-rate mortgage) which allows bondholders to receive a fixed coupon while the amount of...

An abbreviation for hold-in-custody repo; a form of repurchase agreement (repo) in which the borrower of cash doesn't deliver out...

An acronym for par equivalent CDS spread; a measure of the creditworthiness of a bond. It sets the bond’s Z-spread...

It stands for market-linked debenture; a structured product that constitutes a loan taken by a firm from the market that...

An abbreviation for zero-coupon convertible; a convertible that comes with no annual coupon, but rather it is issued at a...