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Cash Leverage

A type of leverage that is made up of borrowed funds such as loans, credit facilities, bond issuances, etc. Cash-producing leverage can be defined as...

Backdating

The practice of issuing an employee stock option on a date preceding the actual date of grant. This usually occurs...

Value To The Business

An asset evaluation method that builds on the assumption that the value of an asset can be measured in terms...

Value To The Owner

An asset evaluation method that builds on the assumption that the value of an asset can be measured in terms...

Deprival Value

It is often known as value to the owner or value to the business. By definition, it is an asset...

Extendable Repo

A type of repo (repurchase agreement) which extends for longer periods than usual. It comes with an option to lengthen...

Evergreen Repo

A type of repo (repurchase agreement) which extends for longer periods than usual. It comes with an option to lengthen...

Gestation Period Repo

A reverse repurchase (repo) agreement by which a mortgage firm sells federally guaranteed mortgage-backed securities (MBSs) to a securities dealer...

Principal-To-Principal Basis

The parties to a contract (financial or non-financial), ultimately obligated by contractual terms, sign the contract in their own capacity,...

Exercise Backdating

A fraudulent practice that is usually undertaken by option-holding executives who manipulate the exercise of options to illegally maximize their...