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Conversion Rate

With respect to convertible bonds (and also convertible preferred stocks), it is the number of shares of common stock in...

Conversion Ratio

With respect to convertible bonds (and also convertible preferred stocks), it is the number of shares of common stock in...

CDO

An abbreviation for collateralized debt obligation; a debt security that is collateralized (i.e., backed) by various types of debt obligations...

CoCo Reverse Convertible

It stands for contingent coupon reverse convertible; a reverse convertible in which the coupon is made contingent on a specific...

CoCo Bond

It stands for contingent convertible bond; a bond that can be converted into common stocks only when the share price...

Contingent Convertible Bond

A bond that can be converted into common stocks only when the share price rises sharply or a specified amount...

Collateral

A borrower's pledge of a property/ assets to a lender or creditor in order to secure repayment of a loan...

Coupon-Bearing Bond

A bond that pays interest on surrender of the coupons, clipped from its certificate. The holder of a coupon-bearing bond...

Capped Floater

A floater (FRN) in which coupon rates (coupon reset rates) are subject to an upper limit. Like standard floaters, capped...

Credit Protection

A set of measures or tools that can help a creditor/ lender or broadly a market player with certain exposures...