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BREN

It stands for buffered return enhanced note; a structured note that offers an enhanced return (upside participation) depending on the…

BOS Warrant

It stands for bond-over-stock warrant; an outperformance warrant in which the payout is determined based on the performance of a…

LCLN

A credit linked note (CLN) whose redemption and coupon payments are linked to a single default event and also depend…

MTN

It stands for medium term note; a corporate fixed-income security that is offered intermittently or continuously by an agent of...

PAC Schedule

Planned amortization class schedule; a principal payment schedule that is figured out by taking the minimum of the principal paydowns…

Auto-Callable ARBN

An absolute return barrier note (ARBN) which is generally “continously callable”- i.e., with continuous call dates. This allows the note…

Agency CMO

A collateralized mortage obligation (CMO) that is issued by a government agency or a government-sponsored enterprise. Speicifically, the agency or…

AON Offering

It stands for all-or-nothing offering; the offering of a security on the condition that its entire issue is sold. If...

SHIELDS

It stands for synthetic high income equity-linked security; a structured equity-linked note (ELN) that is issued not by the company...

RCY

It stands for realized compound yield; a measure of yield that reflects the actual yield-to-maturity earned on an investment (security)....