It stands for inverse floating rate tranche; a tranche that is created from the collateral tranche (in a CMO structure),...
It stands for floating rate tranche; a CMO tranche (or a tranche in a similar structure) in which the monthly...
It stands for event risk covenant; a bond provision that requires that the bond is turned in, or redeemed, at…
It stands for earnings before interest, depreciation and amortization. By definition, it is a measure of a firm's cash flow...
It stands for exchangeable variable rate note; a variable rate note (floating rate note) that pays a floating coupon after…
It stands for coupon equivalent yield; the rate of return which is quoted on bonds on the basis of simple…
It stands for pass-through security; a pass-through security (PT security), also a pay-through security, is a security issued out of...
A liquid yield option note (LYON) whose principal amount was tied to the performance of the NYSE Composite Index. This…
It stands for buffered enhanced return note; a structured note that offers an enhanced return (upside participation) depending on the…
It stands for callable pass-through certificate; a mortgage security (mortgage-backed security) that is created by splitting a pass-through into two...