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Banking

Roth Option

A right which is offered by employers, in the US, to employees such that they can contribute after-tax funds to...

Absolute Call Privilege

The right of an issuing entity to retire a bond or a debt issue at any time prior to maturity...

Voting Rights

A privilege that is granted to specific stock issues (common shares), entitling the shareholder to participate, along with other shareholders,...

Hiwalat-ul Dain

A type of hiwalah (also spelled hiwala) which involves the assignment/ transfer of debt (dain) from one party (the transferor...

Hiwalat-ul Haqq

Arabic (حوالة الحق) for assignment of right; a type of hiwalah (also spelled hiwala) which involves a substitution of one...

Tag Along Right

A type of shareholding rights whereby a minority shareholder is protected when a majority shareholder sells his/its stake. The minority...

Deferred Equity Security

A type of equity security that comes in the form of preferred shares or convertible bonds that can be exchanged...

Deferred Equity

A type of equity that comes in the form of preferred shares or convertible bonds that can be exchanged at...

Haq al-Tamalluk

Arabic (حق التملك) for ownership right or a person’s right to own. It is a right (haq) established and recognized...