A high-yield, asset-based debt security that is issued by an insurance company with principal, interest, or both linked to the...
A bond that is issued by a firm that allows it to be converted into equity at certain times using...
A situation in which a stock price drops sharply, usually as a result of unfavorable news or developments concerning the...
Bonds that were investment grade (AAA, for example) at the time of issue, but have thereafter lost their top rating...
A floating rate security in which the coupon can be changed in accordance with market conditions, allowing whereby to the...
In the context of bonds (specifically bond indentures), this refers to a term providing for a premium to par value…
A bond that gives its holder a claim against financial asset (i.e., securities) rather than against real or physical assets.…
An instrument which is used to link the cash flows from a bond to an inflation index. In this bond,…
An interest payment (coupon) that covers a shorter period than the other coupons on a bond. For example, in a…
An instrument (part debt and part equity) that gives the holder the right, but not the obligation, to exchange a...