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Franked Dividend

In Australia, it refers to a dividend on which a company has paid tax (on behalf of shareholders). Typically, recipients...

Yankee Common Share

A common share of stock that is issued by foreign firms and sold in the U.S market. For example, a...

IAN

It stands for index amortizing note; a note (or a bond) that may repay principal before maturity date according to...

Index Amortizing Note

A note (or a bond) that may repay principal before maturity date according to a preset amortization schedule linked to...

IR DV01

A measure of the change in the value of a debt instrument (like bonds)- i.g., DV01- resulting from a 1...

Investment Value

The value of the “straight” fixed income element of the convertible alone, without consideration to the value of the convertible’s...

Security

From an investment perspective, a security has many different meanings including: 1) an instrument that constitutes an ownership position (or...

Stock

A type of security that represents ownership in a company/ corporation divided into equal shares that are a claim on...

Yankee Bond

A dollar-denominated bond that is sold in the United States (and hence the description "yankee"- a native or inhabitant of...

Yield Give-Up Swap

A bond swap and particularly a form of the intermarket spread swap whereby an investor may be compensated for the...