A bond duration that expresses the bond yield with a compounding frequency of a specific number of time per year,...

The weighted average price that is paid to stockholders in a two-tier tender offer. For instance, if 60% of shares...

A real estate loan that takes the remaining principal balance and interest rate of an existing loan and blend them...

A tranche of a collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular and unstable cash flows...

A financial security whose coupon rate is not fixed over its life. The coupon payments reset periodically according to a...

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

An exchange-traded fund (ETF) that faithfully tracks the performance of a market index without leverage (gearing). In other words, if...

A financial product (derivative) that tracks the performance of an underlying asset on a one-to-one basis. In other words, if...

A barrier note that provides the holder with a return linked to the performance of one underlying or more with...

An interest bearing note which pays interest only if the underlying short term rate lies within a predefined range (upper...