A common method of payment that is used in international transactions to facilitate trade by extending credit to banks’ clients....

A bond that is payable to several creditors, unconnected in interest or by judgment. In other words, such a bond...

A bond that is rated below investment grade (a rating of BB or lower) due to its bad credit quality....

A certificate of deposit (CD) that is issued by a bank or depository institution to institutional investors and other high-net-worth...

An abbreviation for in-the-money warrant; a warrant whose exercise price is below the price of its underlying at a given...

An abbreviation for adjustable-rate preferred stock; a preferred stock whose dividend is reset at specified periods based, for example, on...

An abbreviation for approved deferred share trust; a trust fund that a company creates for the purpose of buying shares...

An equity structured product that provides direct exposure to global or regional markets, industry sectors, investment strategies, and/ or asset...

The value of a convertible bond (CB) without its conversion feature, i.e., only as a straight bond. The investment value...

A structured note in which the coupon is linked to more than one underlying (usually two indexes), and is callable...