A distribution of a company’s earnings to its stockholders on a proportional (pro-rata) basis. In other words, a dividend is...
An autocall with a single asset as underlying. It is the simplest autocall structure as its performance depends on the...
The cash or cash-equivalent proceeds that can be realized by hurriedly liquidating an investment, like an asset or a host...
A form of zero-coupon convertible bond (convertible zero-coupon bond) that was introduced by Merrill Lynch in 1985. This note was...
A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be...
A fixed income security that gives the holder the right to receive regular interest payments and a share in the...
A bond that has the potential to receive a portion of the dividends earned by its underlying collateral security (typically,...
A warrant whose exercise price exceeds the price of its underlying at a given point in time. In other words,...
A convertible whose underlying share price is below the conversion price. As share prices fall, the convertible's price becomes less...
A floating-rate note (FRN) in which coupon payments are subject to a floor set at the preceding coupon payment and...