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Debt-Like Convertible Security

A convertible that is a debt security embedded with a feature of conversion into equity. Debt-like convertible securities are classified...

Perpetual Security

A security (financial security) that is issued by a company without any obligation to redeem it from the holders/ investors....

Unsecured Debt Security

A type of fixed-income security that is not backed by collateral. It is backed only by the creditworthiness of the...

Marketable Securities

A type of financial assets (unrestricted, short-term financial instruments) that can be easily traded in the market (a public stock...

Equity Derivative Security

An equity security that is embedded with certain derivative features such as exchangeability and convertibility into underlying equity, etc. Examples of...

Treasuries

A treasury (in plural form: treasuries or treasury securities) is a security (debt security) that is issued by a treasury...

Hybrid Equity Security

A financial security that has the characteristics of debt and equity. A classic example of hybrid equity securities is the...

Derivative Equity Security

An equity security that is embedded with certain derivative features such as exchangeability and convertibility into underlying equity, etc. Examples of...

Eligible Security

A category of securities that are eligible to be posted as collateral to specific banking transactions such as repurchase agreement...

TRACES

An acronym for trust automatic common exchange security; a hybrid equity security (equity linked security, ELS), that constitutes a trust-originated...