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Kiting

An accounting trick by which a firm attempts to inflate its apparent cash position by depositing an internal check in...

Kiwi Bond

Also New Zealand Government Kiwi Bond. It is a retail bond which is offered directly to the public in New...

Kangaroo Bond

A type of foreign bond (also foreign issuer bond) which is issued in the Australian market by non-domiciled firms, and...

Killer Bees

A slang term for the staff or non-staff experts who exert utmost efforts to foil a takeover attempt on their...

SCN

It stands for snowball coupon note; a structured product in which the payment of a one-off conditional coupon- known as...

Snowball Coupon Note

A structured product in which the payment of a one-off conditional coupon- known as a snowball coupon- is made (to...

Index Allocated Principal Bond

A collateralized mortgage obligation (CMO) in which principal payment allocation is based on the value of a specific index. In...

Intermarket Spread Swap

A transaction that involves the sale of a given bond and the purchase of another with different features, in an...

Disclosed Entity

An entity that is required to fully, or to a specific extent, disclose the structure of its ownership interests, i.e.,...

Debt Restructuring

The process whereby a private or public entity or a sovereign (a country), facing insolvency (cash flow problems and financial...