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Common Stock

A security that represents an ownership interest in a publicly-held company whereby a stockholder is eligible to participate in profit…

PTS

It stands for pass-through security; a pass-through security (PT security), also a pay-through security, is a security issued out of...

Pay Through Security

A pay-through security (PT security), also a pass-through security, is a security issued out of a pool of fixed-income securities...

Pass Through Security

A pass-through security (PT security), also a pay-through security, is a security issued out of a pool of fixed-income securities...

Callable Pass-Through Security

A mortgage security (mortgage-backed security) that is created by splitting a pass-through into two classes: a callable class and a...

Dematerialization

The replacement of physical certificates of financial securities with an all-electronic system in which electronic signals or bits are assigned...

Pro-GroS

It stands for protected growth security; a callable equity-linked note which provides its holder with principal protection and upside participation,...

Protected Growth Securities

A callable equity-linked note which provides its holder with principal protection and upside participation, while depriving him/ her of any...

Step-Up Puttable Security

A type of a step-up coupon security which gives the holder a put option at each step-up point over the…

Step-Down Puttable Security

A type of a step-down coupon security which gives the holder a put option at each step-down point over the…