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Capital Note

It has different meanings in different contexts. A capital note may refer to a hybrid security (a hybrid); a form...

Hybrid

A financial security that has the characteristics of debt and equity. A classic example of hybrids (hybrid securities) is the...

Hybrid Security

A financial security that has the characteristics of debt and equity. A classic example of hybrid securities is the preferred...

Debt/ Equity Bifurcation

The splitting, or treatment, of specific, purported debt instruments into/ as part debt and part equity. For example, the so-called...

Bifurcation

The splitting of an entity's equity into two smaller and standalone bases. In a corresponding context, bifurcation also refers to...

Equity Bifurcation

An equity issuer's capitalization of its equity via two different types of security in order to attain optimal (maximum) share...

Leveraged Floored FRN 

A floored FRN in which the minimum coupon that is linked to the underlying floating rate (short-term rate, such as...

Leveraged Inverse FRN

An inverse FRN whose coupon moves inversely with respect to interest rates by more than one for one. The note...

No-Fault Liability

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

LLN

It stands for law of large numbers; a probability principle which states that a simple mean, range, standard deviation, or...