A financial ratio that relates the cost of goods sold to accounts receivable. This ratio is calculated by dividing the...
A type of corporate debt whereby the collateral value is below standard requirements (usually lower than 30% of the company’s...
The amount of time it takes for the positive yield advantage to recover the premium paid for the downside protection,...
An accounting method that is based on the recognition of income as earned and expenses as incurred, regardless of the...
A note in which coupon amount is determined largely or entirely by an embedded range accumulation option, and where the...
A cap that is placed on a resetting or periodic interest rate. It is usually purchased by a borrower who...
The rate of return that is considered by investors to be the minimum rate they are willing to accept on...
A reverse convertible that entails that the holder gives up the potential upside exposure to the underlying in exchange for...
It stands for barrier reverse convertible; a reverse convertible that entails that the holder gives up the potential upside exposure...
It stands for commercial mortgage-backed securities (CMBS) interest only (IO). These IOs (stripped mortgage products) are coupons stripped from an...