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Discount Bond

A bond that accrues interest over its life. Accrued interest is only payable at the maturity date of the bond....

Direct Paper

A commercial paper that is sold directly by issuers to individual investors without the intervention of a securities dealer as...

Discount Rate

The interest rate that is used in discounting the cash flows of an instrument, firm or project to determine its...

Discrete Payoff Bull Note

A fixed rate note in which the rate is higher than usual and the principal will be paid back either...

Drop-Lock Floater

A floater (floating-rate note) which has a rate trigger allowing the interest to convert to a specified fixed rate for...

Dog-and-Bony Show

The final stage that consummates an initial public offering, specifically when an underwriting syndicate has been assured by solid commitments...

Death Spiral Convertible Bond

A convertible bond in which the conversion price is not predetermined but is kept floating. This bond converts into the...

Pure Play Security

The security of a company that has only one business line or product, and its value solely depends on the...

Pure Play Company

A company that has only one business line or product, and its value (or value of its stocks) solely depends...

Pure Play

The security of a company that has only one business line or product, and its value solely depends on the...