An interval between the time a callable bond is issued and the time it can be called by the issuer....

A note on which the spread varies over time depending on the change in the perceived credit risk of the...

It stands for variable rate note; a note on which the spread varies over time depending on the change in...

The ordinary type of a repo which entails that two parties enter into a contract to trade securities (bonds, stocks,...

An out-of-the-money convertible; a convertible whose underlying share price is below the conversion price. As share prices fall, the convertible's...

A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be...

All past unpaid dividends on preferred stock containing a cumulative dividend feature. That means dividend payments on cumulative preferred stock...

A financial transaction that involves trading a security that has not yet been issued, but rather is scheduled to be...

A convertible holder indirectly owns a specific number of shares (for which the convertible bond will be exchanged eventually), but...

A distribution of a company’s earnings to its stockholders on a proportional (pro-rata) basis. In other words, a dividend is...