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Financing Factoring

A type of factoring in which the factor pays the client for its "non-due/ uncollected" accounts receivable (A/Rs), offered for...

Advance Factoring

A type of factoring in which the factor pays the client for its "non-due/ uncollected" accounts receivable (A/Rs), offered for...

S/N Repo

A type of floating rate repo (variable rate repo) in which the spot/ next (S/N) index is used rather than...

Simple Access Product

An equity structured product that provides direct exposure to global or regional markets, industry sectors, investment strategies, and/ or asset...

Sinker

A bond that contains a provision stipulating or allowing the systematic amortization/ retirement of outstanding debt (notes, bonds, preferred stocks,...

Legal Risk

A set of risks that negatively impacts an entity's management or transactions for reasons relating to legal capacity and regulatory...

Leg

Figuratively, a leg is one part or one side of a transaction/ trade/ instrument, spread, etc., that has multiple steps...

Non-Collateralized Structured Product

A structured product that is not secured by a collateral asset. Such products are not asset backed, and therefore, in...

Uncollateralized Structured Product

A structured product that is not secured by a collateral asset. Such products are not asset backed, and therefore, in...

Note

A debt security that constitutes a promise to pay interest during the term over which the issuer (borrower of funds)...