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Tranched CDO

A collateralized debt obligation (CDO) that has its pool of underlying debt obligations sliced up into tranches (CDO tranches). The...

Arbitrage Collateralized Debt Obligation

A securitized product (a type of collateralized debt obligations – CDOs) that originates obligations collateralized or backed by a pool…

Payables

Accounts payable, abbreviated as A/P or just payables, refer to the unpaid bills of a firm. That is, the short-term...

AON Offering

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

Absolute Liability

A type of liability that arises unintentionally (i.e., without fault) or that is looked at without regard to fault. Typically,…

All-Or-Nothing Offering

The offering of a security on the condition that its entire issue is sold. If not, the offering is cancelled...

Matrix Trading

The process of swapping bonds of different classes or riskiness to take advantage of lucrative discrepancies in yield. For example,...

A/Ps

Accounts payable, abbreviated as A/P or just payables, refer to the unpaid bills of a firm. That is, the short-term...

Accounts Payable

Accounts payable, abbreviated as A/P or just payables, refer to the unpaid bills of a firm. That is, the short-term...

Act of God Bond

A high-yield, asset-based debt security that is issued by an insurance company with principal, interest, or both linked to the...