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Collateralized Debt Obligation

A debt security that is collateralized (i.e., backed) by various types of debt obligations like bonds and loans of varying...

Discount

A reduction or deduction (or concession) in the sale price that is extended by a seller to a buyer at...

Rebate

The amount of the sale price that a seller refunds (rebates) to a buyer, based on certain criteria or conditions...

CMO

It stands for collateralized mortgage obligation; a structured product that is backed and collateralized by a pool of mortgage loans...

Collateralized Mortgage Obligation

A structured product that is backed and collateralized by a pool of mortgage loans and similar debt arrangements. It is...

Volatility Product

A financial product that belongs to a standalone and distinct class of products whose performance relates to the volatility of...

BTB Loan

An abbreviated form for back-to-back loan; a loan between two entities in different countries denominated in two different currencies, on...

Back-To-Back Loan

A loan between two entities in different countries denominated in two different currencies, on each leg of the transaction, and...

Call Money

With respect to a broker call loan, it is the amount of money that a bank lends to a broker...

Call Loan

A loan that can be called by the lender (and hence falls due) or paid off by the borrower at...