A reverse convertible that entails that the holder gives up the potential upside exposure to the underlying in exchange for...
It stands for barrier reverse convertible; a reverse convertible that entails that the holder gives up the potential upside exposure...
A floater which in which interest (coupon) accrues only on days when the reference rate (floating rate) such as LIBOR...
A structured note (accrual note) in which interest (coupon) accrues only on days when the reference rate (floating rate) such...
The costs incurred by a firm due to bankruptcy such as lost sales (customers become reluctant to purchase from a...
A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be...
Trading a debt security like a bond/ note at a price lower than its par value (face value). Face value/...
The value of the “straight” fixed income element of the convertible alone, without consideration to the value of the convertible’s...
A share that is issued by a company, free of charge, to its existing stockholders on a prorata basis. This...
A stock that is issued by a company, free of charge, to its existing stockholders on a prorata basis. This...