An amortizing loan that repays some of the principal over its term, while the remaining balance (i.e., balloon payment) is...

An abbreviation for a "no income, no job and no assets" loan. It is a loan extended to an unemployed...

A loan whose interest rate payments change over the life of the loan. Typically, the adjustable interest rate is tied...

An amortizing loan that repays some of the principal over its term, while the remaining balance (i.e., balloon payment) is...

A maturity transformation which results in assets being ‘on average’ longer in maturity than liabilities. This occurs when banks and...

A practice whereby a broker pledges the same collateral, initially posted by a client, to a bank to collateralize a...

The amount of the manufactured dividend plus the fee the borrower will pay to the securities lender, expressed as a...

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...

A loan that is paid back in equal periodic installments. An installment constitutes varying portions of principal and interest over...