It stands for special collateral security; a specifically determined and specified collateral security in a repo transaction. In this transaction,...

It stands for yield-to-average life; the yield which is calculated using the point at which half of the bonds (known...

It stands for yield to call; the return on a callable bond which is likely to be redeemed at a...

It stands for equity-linked note; a structured equity derivative product that capitalizes on the performances of a fixed-income instrument and...

It stands for equity-linked security; an equity-linked debt issue whose returns are keyed to the performance of a common stock...

It stands for equity-linked security; an equity-linked debt issue whose returns are keyed to the performance of a common stock...

It stands for participating convertible preferred stock; a combination of a redeemable preferred stock with common stock. The resulting stock...

Also, high-low FRN; a floating rate note (FRN) which is designed as a yield enhancement instrument. It has a premium...

A floating rate note (FRN) which is designed as a yield enhancement instrument. It has a premium rate that is...

It stands for floating rate tranche; a CMO tranche in which the monthly coupon rate is typically set equal to...