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Non-Callable Range Accrual

A high quality debt security/ instrument that pays a fixed or floating coupon (interest payment) whose proportion is determined based...

Greenshoe Option

An option that allows the underwriter of a securities issue to purchase and resell additional shares. By this option, a...

Group Rotation

An investment strategy that involves exiting one sector in order to enter another, in an attempt to maximize profits or...

Equity Run

A statement that is generated (by a broker, a firm, etc.) on a daily basis as a list of a...

Equity RAN

A range accrual note (RAN)- a principal-protected note- that that pays out a series of coupons (interest amounts) based on...

Equity Range Accrual Note

A range accrual note (RAN)- a principal-protected note- that that pays out a series of coupons (interest amounts) based on...

Range Chooser Accrual Note

A chooser note (range chooser note) which allows the investor to set the range at the start of each coupon...

Ratchet Antidilution

A type of antidilution provision that gives the holder the right to receive enough free shares to reduce its (his/...

Risk Transformation

A type of risk redistribution (financial transformation) in which financial intermediaries hold assets with higher risk of default than their...

Liquidity Transformation

A type of risk redistribution (financial transformation) which involves the funding of illiquid assets (long-term loans) with liquid liabilities (short-term...