A structured product that constitutes a loan taken by a firm from the market that bears no fixed rate of...
It stands for market-linked debenture; a structured product that constitutes a loan taken by a firm from the market that...
A mortgage loan, residential or commercial, that is extended to a borrower in whole- i.e., without securitization. The loan is...
A maturity transformation that doesn't provide a full or perfect match between short-term liabilities and long-term assets (which are financed...
The period in which many existing debt arrangements come due or approach maturity. For example, loans, bonds, and leveraged buyout...
A type of financial transformation in which the liabilities of intermediaries, such as banks and non-banks, are typically much more...
A type of factoring in which a factor collects the payments falling due directly from the debtors (customers owing the...
A step-up callable note whose initial coupon is well above market rates (for vanilla bonds) and which allows more than one step-up (increase) in its...
A step-up callable note whose initial coupon is well above market rates (for vanilla bonds) and which allows more than one step-up (increase) in its...
A type of floating-rate preferred stock whose dividend payments are determined at periodic auctions carried out by the issuer rather...