An abbreviation for collateralized debt obligation; a debt security that is collateralized (i.e., backed) by various types of debt obligations...

A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be...

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

It stands for targeted amortization class; a type of bond class that has a schedule for repayment of principal which...

Planned amortization class bond; a tranche of a collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular...

A phenomenon that arises when a planned amortization class (PAC) schedule is not met even if prepayments on the collateral...

It stands for non-sticky jump bond; a collateralized mortgage obligation that may change priority to receive principal if certain conditions...

It stands for contingent coupon reverse convertible; a reverse convertible in which the coupon is made contingent on a specific...

It stands for contingent convertible bond; a bond that can be converted into common stocks only when the share price...

It stands for general collateral security; broadly, it is a category of collateralized securities (known as eligible collateral) with identical...