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REIT

It stands for real estate investment trust; an entity that holds a portfolio of commercial real estate or real estate...

Abatement Cost

The cost that needs to be incurred for certain externalities or damages inflicted on surrounding environment or neighborhood by an...

Leveraged Instrument

A structured financial instrument that is designed to leverage its returns reflected in potential high payoffs from only a small...

Yield Enhancement Instrument

A type of structured financial instruments that is designed to provide a higher expected return (yield enhancement), commensurate to the...

Participation Instrument

An instrument that allows investors to participate in the return of a specific underlying asset. Participation is often up to...

Structured Financial Instrument

A financial instrument that combines at least one derivative contract with underlying assets such as stocks and fixed-income securities. It is a hybrid instrument that...

Participating Instrument

An instrument that allows investors to participate in the return of a specific underlying asset. Participation is often up to...

High-Grade Bond

A bond that carries a limited or low risk of default and therefore is granted high ratings by credit rating...

Investment-Grade Bond

A bond that carries a limited or low risk of default and therefore is granted high ratings by credit rating...

Warehouse

The inventory of mortgages that have been closed (i.e., no more in the pipeline) and are parked for sale in...