A payment that is received by a securities lender for a dividend distributed on a loaned security. By agreement, the...
A structured product that constitutes a loan taken by a firm from the market that bears no fixed rate of...
It stands for market-linked debenture; a structured product that constitutes a loan taken by a firm from the market that...
With respect to an employee stock option (ESO), it is an additional, new share option that is automatically granted when...
An abbreviation for zero-coupon convertible; a convertible that comes with no annual coupon, but rather it is issued at a...
It stands for zero-balance account; a corporate checking account in which a zero balance is maintained. Differently put, this constitutes...
A corporate checking account in which a zero balance is maintained. Differently put, this constitutes a disbursement account that always...
A highly speculative bond whose company has little or no chance of survival, and as such is mistaken for dead....
An abbreviation for collateralized debt obligation; a debt security that is collateralized (i.e., backed) by various types of debt obligations...
The costs incurred by a firm due to bankruptcy such as lost sales (customers become reluctant to purchase from a...