Dilution is the extent to which shareholder value erodes due to transfer of value created by their share holdings to...
An interest payment (coupon) that covers a longer period than the other coupons on a bond. For example, in a...
A turbo certificate that aims to bet on price increases. The participation in the upward movement of the underlying will...
A type of arbitrage (inter-market price differential) that involves only one side of the arbitrage transaction. For example, a trader...
A floating rate note (floater or FRN) that pays a coupon whose amount depends on the times a floating rate...
The coupon rate at which the price of a bond (or a note, etc.) is made to equal its nominal...
The coupon rate at which the price of a bond (or a note, etc.) is made to equal its nominal...
The risk that arises from a business' inability to understand the tax environment(s) in which it operates. This, in turn,...
The time value of a warrant is a part of a warrant value (theoretical value of a warrant) that relates...
A part of a warrant value (theoretical value of a warrant) that relates to the continuous exposure to the changes...