A short form of wedding cake promissory note; a type of structured promissory note that has multiple double no touch barriers.…
A short form of range accrual promissory note; a type of structured promissory note that has the potential to increase the…
It stands for buffered return enhanced note; a structured note that offers an enhanced return (upside participation) depending on the…
It stands for bond-over-stock warrant; an outperformance warrant in which the payout is determined based on the performance of a…
A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend…
It stands for knock-in swaption. A barrier swaption in which protection exists or activates only if the swap rate crosses…
It stands for best estimate liability; an estimation of the liability value of a portfolio of insurance policies. It refers...
It stands for medium term note; a corporate fixed-income security that is offered intermittently or continuously by an agent of...
It stands for put-call-futures parity; the relationship between the prices of calls (call options), puts (put options), and futures (futures…
Planned amortization class schedule; a principal payment schedule that is figured out by taking the minimum of the principal paydowns…