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Mini-Max Floating-Rate Note

A floating-rate note (FRN) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has...

Minimum Payoff Range Note

A range note that pays an increased floating range coupon if the floating rate (e.g., LIBOR) fixes within a prespecified...

Minimum Payoff Range Accrual Note

A range accrual note in which the investor receives a floating rate accrual coupon within a predetermined range. If the...

Minicoupon Bond

A bond whose coupon is lower than the market rate of interest (prevailing yield) at the time of issue. This...

Mini-Max Floater

A floater (floating-rate note) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has...

Maple Bond

A bond that is issued in Canadian dollars by non-domiciled companies (i.e., entities that are not Canadian residents). International companies...

Market-Linked CD

A certificate of deposit (CD) whose interest rate is tied to the performance of a market index, such the S&P500,...

Market Value

The price at which an asset would be purchased or sold in an open and competitive market setting. Put another...

Market Value CDO

A cash CDO which allows the pool manager to trade the pool collateral in order to maintain the market value...

Mini-Coupon Bond

A bond whose coupon is lower than the market rate of interest (prevailing yield) at the time of issue. This...