The upper tranche boundary that specifies, in addition to the lower tranche boundary (attachment point), a collateralized debt obligation tranche...
A crowdfunding which involves investing in an early-stage unlisted company in return for equity, i.e., shares in that company. Investors-cum-shareholders…
In relation to tranches of collateralized debt obligations (CMOs) and similar structures, it denotes the amount of interest defined by...
It stands for event risk covenant; a bond provision that requires that the bond is turned in, or redeemed, at…
A replacement for collateralized securities that is identical in terms of type, nominal value, description and amount to the ones…
A bond that pays a rate of interest higher than an otherwise identical fixed-rate, bullet maturity bond, with the issuer…
It refers to shares bought in a private company that do not entitle their holders to current scrip issues. In…
A warrant whose ultimate payoff or redemption value is likely to be determined based on the results of an election.…
A variable rate note (floating rate note) that pays a floating coupon after a predetermined date; before this date the…
It stands for earnings before interest, depreciation and amortization. By definition, it is a measure of a firm's cash flow...