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NSJ Bond

It stands for non-sticky jump bond; a collateralized mortgage obligation that may change priority to receive principal if certain conditions...

Discount CD

A certificate of deposit (CD) that pays no periodic interest to the holder. However, its return comes from it being...

YEELDS

A type of equity derivative; it stands for yield enhanced equity linked security; it is a structured convertible security (equity-linked...

CCE

It stands for cash and cash equivalents; in accounting, cash and cash equivalents are the most liquid current assets as...

YEELD

A type of equity derivative; it stands for yield enhanced equity linked security; it is a structured convertible security (equity-linked...

APR

An abbreviation for annual percentage rate; it is the interest rate (charged for borrowing or made by investing) as calculated...

CoCo Reverse Convertible

It stands for contingent coupon reverse convertible; a reverse convertible in which the coupon is made contingent on a specific...

Designer CD

A certificate of deposit (CD) that is tailor-made to accommodate the varying needs of engaged depositors. Thanks to the non-standard...

CoCo Bond

It stands for contingent convertible bond; a bond that can be converted into common stocks only when the share price...

FPA

A swap agreement that entails the payment of fixed forward points set at the time of trade in exchange for...