A capital protected product/ instrument that pays back the protected amount at the end of its term. It is a...

A structured product that does provide full, or at least partial, capital protection. The holder is guaranteed that the initial...

The transfer/ transmission of volatility or instability from a market to another market, or from a sector to another. It...

The sale or disposal of an asset. Divesture takes place when a company (or any form of going concern) sells off…

For an issuer, a fixed-income instrument is a form of debt that it is obliged to service (in terms of...

The sale or disposal of an asset. Divestiture takes place when a company (or any form of going concern) sells…

The portion of return that is not attributed to systematic influences and conditions. Instead, abnormal returns are typically the result…

A negotiable instrument that is payable to bearer or to “cash”, rather than to an identifiable payee. The bearer is…

The tranche of a CDO (collateralized debt obligation) that has its own risk characteristics and loss-absorption priority (seniority). There are...

A floater (floating rate note, FRN) that is not callable (as opposed to a callable floater). In other words, it...