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Price

"Price" has different meanings across different contexts. In general, it is defined as the monetary amount that is charged, or...

Normal Yield Curve

The positive relationship between bond yields and maturity lengths that is observed when interest rates on the long-term bonds exceed...

Near Money

A description of an asset implying it can be converted immediately to cash or cash equivalent money, although it is...

Nuclear Waste

In Wall Street parlance, it refers to the investments or instruments that involve risks requiring sophisticated mathematical skills to comprehend....

AUM

It stands for assets under management; a category of assets that are beneficially owned by an entity's clients and not...

Assets Under Management

A category of assets that are beneficially owned by an entity's clients and not reported on its balance sheet, while...

AUA

It stands for assets under administration; a group of assets that are beneficially owned by an entity's clients, while the...

Assets Under Administration

A group of assets that are beneficially owned by an entity's clients, while the entity provides administration services such as...

Knock-In Reverse Convertible

A reverse convertible that involves writing a down-and-in put option by the investor (holder) to the issuer, in order to...

Kickers

A slang term for a set of special or exceptional features that are added to ordinary investments or instruments in...