The security of a company that has only one business line or product, and its value solely depends on the...
A debt instrument that promises investors (holders/ buyers) a single fixed payment on a preset future date. In other words,...
The value of beta that is inferred by examining the risk characteristics of similar companies (or the investments/ projects undertaken...
A bond swap that involves swapping a relatively high-price bond with a relatively low-price bond (otherwise, the two bonds are...
A common method of payment that is used in international transactions to facilitate trade by extending credit to banks’ clients....
A bond that is payable to several creditors, unconnected in interest or by judgment. In other words, such a bond...
A bond that is rated below investment grade (a rating of BB or lower) due to its bad credit quality....
A certificate of deposit (CD) that is issued by a bank or depository institution to institutional investors and other high-net-worth...
An abbreviation for in-the-money warrant; a warrant whose exercise price is below the price of its underlying at a given...
An abbreviation for adjustable-rate preferred stock; a preferred stock whose dividend is reset at specified periods based, for example, on...