A turbo certificate in which the barrier is only applicable at the closing price of the underlying stock. In a...

A floating-rate note (FRN) in which the coupon moves inversely to the movement of the reference rate. That is, if...

With respect to an executive stock option (ESO), it is a form of compensation (reload options) to favored executives in...

Securities such as stocks, bonds, and trade or financial claims of companies which are in or close to financial distress....

An abbreviation for callable daily range accrual note; a callable range accrual note (CRAN) that provides the accumulation of enhanced...

A callable bond that is structured in a way that the issuer can recall it only periodically or on discrete...

The discount on a money market instrument (such as Treasury bills, commercial paper, banker's acceptances, etc) that is expressed as...

A financial ratio that relates the cost of goods sold to accounts receivable. This ratio is calculated by dividing the...

The method of compounding interest rate without taking into account the interest earned over the period in question. Interest only...

A convertible that combines the features of both fixed-income debt and OTC options. In other words, this instrument consists of...