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Turbo Triggered Liability Amortization

A structural feature involves imposition of a priori requirements structured liability amortization through a timetable of time steps and corresponding…

Extendible Bond

A bond that pays a rate of interest higher than an otherwise identical fixed-rate, bullet maturity bond, with the issuer…

Conversion Price

The price per share basis which is used to calculate the number of shares of common stock the holder of…

Bond Price Volatility

The percentage change in a bond price in response to changes in interest rates. In calculation, it captures bond price...

Semi-Annual Compounding

The compounding of interest earned or paid on an interest-bearing instrument (e.g., bond, deposit, etc), or generally any type of…

Short Bond

A bond with a short period remaining until maturity date. Bonds with less than two years to maturity are often…

Asset Class

A category of assets such as cash equivalents (cash assets), stocks, bonds, and notes, (financial assets), funds (alternative assets), real…

Commodity-Backed Bond

A bond whose interest payments and/or principal repayment are tied to the price of a commodity such as silver, copper,…

Buying-In

A situation where a seller of some asset (shares, bonds, commodities, etc) fails to deliver on the agreed date. This…

Autocallable Bond

A structured fixed-income security (bond) that allows the holder an early redemption if a predefined event (early redemption event, or…