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Corner

The illegal practice whereby traders attempt to control the price of a financial security or commodity available to trade in…

Asset-Backed Security

A financial security (and a type of derivative) that is collateralized by a pool of underlying assets. Those assets could…

Payment-In-Kind Security

A debt instrument (security) that gives the issuer the option to pay interest (coupon) either in cash (any form of…

Financial Security

A fungible, negotiable instrument that represents a financial value, and is categorized into equity securities, debt securities, and derivative contracts.…

Dematerialization

The replacement of physical certificates of financial securities with an all-electronic system in which electronic signals or bits are assigned...

Ex-Warrants

A financial security (stock, bond, etc) that is sold without the warrants that were attached thereto at the time of…

Combination Bond

A municipal bond whose principal and interest are payable from project revenues (i.e., a particular revenue source outside the general...

Combination Security

A financial security that combines the features of two or more distinct securities. An example of combination securities is a...

Floating Rate Security

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

XW

A symbol for ex-warrants; a financial security (stock, bond, etc) that is sold without the warrants that were attached thereto...