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RP Stock

It stands for redeemable preferred stock; a preferred stock that is subject to redemption. This hybrid preferred stock may provide...

RCY

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

Rolling Premium Put Convertible

A premium put convertible which is embedded with several premium put options. Typically, each put option is structured in a...

Abusive Tax Shelter

A form of fraudulent tax evasion in which a firm intentionally attempts to conceal its true taxes by following deceptive...

Accretion Bond Index Range Note

A note in which coupon amount is determined largely or entirely by an embedded range accumulation option, and where the...

Accelerated Dep.

Another casual name for the accelerated cost recovery system (ACRS). It is a tax accounting technique that determines the rate...

Acid Test Ratio

A liquidity ratio that focuses on a company's highly liquid assets as it disregards all but the most liquid of...

Absolute Call Protection

The constrained right of an issuer to redeem a convertible (e.g., a convertible bond) from holders before the passage of...

Accounting Equation

The representation of the double-entry bookkeeping system such that total assets are equal to total liabilities plus capital (equity). In...

Forward-Starting CDO

A single-tranche CDO (an exotic CDO product) with a premium starting at a pre-specified time in the future. It involves…