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Banking

Pure Discount Instrument

A debt instrument that promises investors (holders/ buyers) a single fixed payment on a preset future date. In other words,...

Bill of Exchange

A three-party negotiable instrument which represents an unconditional, written order issued by a natural or legal person (the drawer) instructing...

Share Warrant

A type of warrants whereby a company grants an investor (warrantholder) a contractual right (without the obligation) to subscribe to...

Equity Warrant

A type of warrants whereby a company grants an investor (warrantholder) a contractual right (without the obligation) to subscribe to...

Securitization

A type of structured finance that involves the pooling of assets (or specific types of assets such as receivables) for...

Equity Instrument

Any financial instrument that confers on its holder a residual interest in the net assets of an entity (its assets...

Negotiable Instrument

A written instrument which is signed by its maker (the drawer) and contains an unconditional promise or order to pay...

Zero-Coupon Instrument

A debt instrument that promises investors (holders/ buyers) a single fixed payment on a preset future date. In other words,...

Puttable Financial Instrument

A financial instrument that confers on the holder the right, without an obligation, to return (put back) the instrument to...

Puttable Instrument

A financial instrument that confers on the holder the right, without an obligation, to return (put back) the instrument to...