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XC

A symbol for ex scrip or ex capitalization. It refers to shares bought in a private company that do not...

XAC Bond

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

Non-Detachable Warrant

A warrant that cannot be separated from its carrier bond and cannot be traded as a standalone security. It is...

Non-Recourse Leverage

The leverage in which the so-called non-recourse borrowing is used. It is not backed by collateral posted by the borrower....

Wrong-Way-Around Swap

A cross-currency swap in which the bank sponsor/ arranger pays a soft currency (such as Korean Won, Thai Baht, etc)...

Equity-Linked Structured Product

A structured product that is linked to equity. The return/ loss is determined by the performance of a stock or...

WACC

The rate a company pays to finance its assets. The weighted average cost of capital (WACC) rate tells a firm...

Share Warrant

A type of warrants whereby a company grants an investor (warrantholder) a contractual right (without the obligation) to subscribe to...

Equity Warrant

A type of warrants whereby a company grants an investor (warrantholder) a contractual right (without the obligation) to subscribe to...

Weighted Average Cost of Capital

The rate a company pays to finance its assets. The weighted average cost of capital (WACC) rate tells a firm...