It stands for buffered enhanced return note; a structured note that offers an enhanced return (upside participation) depending on the…
A credit linked note (CLN) in which the underlying is a portfolio or basket subject to credit risk. In other…
A description of the credit quality of the classes or tranches of a commercial mortgage-backed security (CMBS), or any similar...
The risk that a borrower will fail to make a balloon or lump-sum payment at maturity. Balloon risk may arise...
A practice whereby bearish investors (bears) accumulate shares being sold short in an attempt to drive down share prices. The...
A concerted effort by traders to drive down the price of a stock by selling short a large amount of...
A set of stocks, securities, commodities, or currencies which are traded or tracked as one unit or single asset. Examples...
A reduction in the price of a brown collateral (below its market value) to penalize owners of such collateral and...
A type of collateral that constitutes securities issued by brown companies- that is, companies that have a noticeable carbon footprint...
The actual return a bondholder will receive on the bond, based on its current market price. It is given by:...