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Cum Interest

In relation to fixed interest bearing securities (bonds, notes, debentures, etc), cum interest includes, in addition to the cost or...

Confidential Factoring

A type of factoring in which the trader's clients are not notified to pay the factor, but rather continue to...

Collection Factoring

A type of factoring in which a factor collects the payments falling due directly from the debtors (customers owing the...

Camouflaged Leverage

A form of leverage that an entity can attain from an off-balance sheet item (asset, liability, financing activity, etc.) By...

Concealed Leverage

A form of leverage that an entity can attain from an off-balance sheet item (asset, liability, financing activity, etc.) By...

Convertible Bond

A corporate bond that can be exchanged for a predetermined number of common shares of the bond's issuer at any...

Cum Rights

A stock trading with cum rights entitles new buyers, rather than sellers, to receive rights that have been declared but not yet...

Callable Note

A note that gives the issuer the right to buy back (call) the note at a predetermined price (call price)...

Callable Bond

A bond that contains a provision giving the issuer the right to buy back (call) the bond at a predetermined price (call...

Callable Fixed-Rate Note

A callable note that pays a fixed rate coupon for its entire tenor. It allows the issuer to early terminate (premature or early termination)...