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TrENDS

It stands for trust enhanced dividend securities; a category (or issue) of a mandatory convertible (a trust preferred) that is...

IM

It stands for initial margin; an amount of cash (broadly, monetary assets) that is deposited or collateral (eligible securities) that...

AM

It stands for additional margin; the amount of money that is collected from market participants with substantial or concentrated positions...

CPY

It stands for conditional prepayment yield; a measure of prepayment speed in asset backed securities (ABS) and other specific structures/...

CPR

It stands for conditional prepayment rate or constant prepayment rate; the annualized percentage of an existing mortgage pool that is...

FL Piece

It stands for first-loss piece or first-loss position; a tranche that comes with the lowest priority amongst the entire set...

TruPS CDO Note

It stands for collateralized debt obligation trust preferred security; a collateralized debt obligation (CDO) that is backed by a portfolio...

TruPS CDO

It stands for collateralized debt obligation trust preferred security; a collateralized debt obligation (CDO) that is backed by a portfolio...

TruP CDO Note

It stands for collateralized debt obligation trust preferred security; a collateralized debt obligation (CDO) that is backed by a portfolio...

TruP CDO

It stands for collateralized debt obligation trust preferred security; a collateralized debt obligation (CDO) that is backed by a portfolio...