The best and most coveted assets/ divisions/ units in a company in terms of value, profitability and business prospects. Companies...
A crowdfunding which involves investing in an early-stage unlisted company in return for equity, i.e., shares in that company. Investors-cum-shareholders…
A variant of barrier reverse convertible (BRC)- a structured product– that pays a guaranteed coupon over the specified term or…
In the context of bonds (specifically bond indentures), this refers to a term providing for a premium to par value…
The process whreby a portfolio manager buys credit protection on one reference asset or pool of assets, and simultaneously sells protection…
The quoted price of a convertible bond which is normally expressed as a percentage of the bond’s nominal value (par…
An abbreviation for certificates of deposit index, which is by definition an index that measures the 12-month average of the...
A bond that gives its holder a claim against financial asset (i.e., securities) rather than against real or physical assets.…
The excess of the market price of the convertible over its bond value (bond floor). It is typically expressed as…
A hypothetical distribution (dividends) to holders of consent stocks on the last day of the tax year of a company…