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CD Rate

The interest rate which a certificate of deposit (CD) bears. CD rates are fixed for the term of the CD,…

Best Efforts

One of the two principal methods of conducting an initial public offering (IPO), in which the underwriting syndicate doesn’t buy…

USGG6M

The index of US government bonds with a 6-month maturity (6-month notes or in general 6-month treasuries). It measures the...

USGG3M

The index of US government bonds with a 3-month maturity (3-month notes or in general 3-month treasuries). It measures the...

Reserve Account

A form of credit enhancement in which a cash reserve is set up, in connection with a debt issue, from...

Corporate Raider

A big investor, whether a person or organization, who routinely purchases a large number of shares in companies and then…

Cash

The most liquid form of assets which includes petty cash funds, bank deposit balances, and cash equivalents. Cash equivalents are…

Monoline

A single line, business, or discipline (usually, in financial services) in which an entity specializes or has its core operations....

CP

It stands for commercial paper, which is a written instrument that constitutes short-term obligations with maturities ranging from 2 to…

Funding

In a specific context, it is the process of replacing short-term loans/ debts with longer term loans/ debts. It may...