A financial structure whose building blocks are credit default swaps (CDSs) or, in the case of mortgages, asset-backed credit default...
A bond that does not carry any special features- i.e., it has no clauses granting conversion or warrant privileges. A...
A callable note that pays a fixed interest rate for a specific period, which steps up (increases) at predetermined dates...
A turbo certificate in which the barrier (technically, a downside barrier) is only applicable at the closing price of the...
A turbo certificate in which the barrier (technically, a upside barrier) is only applicable at the closing price of the...
A turbo certificate in which the barrier is only applicable at the closing price of the underlying stock. In a...
A financial ratio that relates the cost of goods sold to accounts receivable. This ratio is calculated by dividing the...
The method of compounding interest rate without taking into account the interest earned over the period in question. Interest only...
A convertible that combines the features of both fixed-income debt and OTC options. In other words, this instrument consists of...
A warrant that is issued by a company on an unrelated underlying security such as that of another company or...