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Church Bond

A bond that belongs to the class of socially responsible bonds (or religiously responsible bonds so to speak). It is…

Callable Nonconvertible Preferred Stock

A callable preferred stock that which doesn’t allow the investor (holder) to convert into common stock. However, the issuer has…

Certificate of Deposit Index

An index that measures the 12-month average of the monthly average yields (dealer bid rates) of 3-month certificates of deposit…

Green Repo

A type of repo (repurchase agreement) that is designed to finance green assets/ projects/ activities. It is a "green refinancing...

Blanket Fidelity Bond

An insurance instrument that protects against losses caused by employees due to dishonesty, forgery or unauthorized trading. It is blanket…

Credit Improvement Swap

A bond swap that aims to improve the overall credit quality of a portfolio. This involves swapping a low creditworthy…

Cashless Exercise

A type of exercise whereby one can bypass the need to use one's own money to buy a stock underlying...

Crowd Equity

A crowdfunding which involves investing in an early-stage unlisted company in return for equity, i.e., shares in that company. Investors-cum-shareholders…

BREN

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

Bond Yield Warrant

A warrant whose value is linked to bond yields so that investors can take a view on the direction of…