A type of factoring in which an exporter receives part or all of a set of services including intelligence, guarantee,...
A floating-rate note (FRN) in which coupon payments are subject to a floor set at the preceding coupon payment and...
The implied cost of an embedded option- i.e., an option embedded in a security. It is the difference between the...
A floater (FRN) in which a higher coupon is paid should a particular reference rate is within a specific range...
A municipal bond that is issued by cities and towns for the purpose of funding a specific development project to...
A dividend that is paid for exceptional reasons and is unlikely to be paid again in the foreseen future, if...
The return which is realized during the period a bond is held (therefore, it is a holding period return). If...
A measure of yield that reflects the actual yield-to-maturity earned on an investment (security). In other words, it represents the...
A preferred stock that is issued by one firm and backed as to dividends by one or more other firms....
A callable bond in which the coupon is significantly above current market interest rates. In other words, the bond is...