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Beta

The sensitivity of a stock's return to the return on a relevant market index. However, securities may not be confined...

Synthetic CDO

A collateralized debt obligation (CDO) that is a variation of a standard or vanilla CDO, but in which the underlying...

Synthetic CDO Tranche

A tranche (CDO tranche) of a synthetic CDO; a structured product that is based on an underlying portfolio of equally...

BUV

It stands for breakup value (break-up value); the market value of the components (lines of business, divisions, units, etc.) of...

Individual Collateralized Debt Obligation

A synthetic structure that consists of a single tranche. It is simpler than a standard synthetic tranche and can be…

Breakup Value

The market value of the components (lines of business, divisions, units, etc.) of a firm, assumed to be sold off...

Convertible Security

A financial security that gives its holder (an investor) the right to convert it into another security issued (or to...

Reinvestment Rate

The rate of interest (rate of return) that can be earned when funds are taken out of a specific investment...

Implied Forward Rate

A forward rate that is implied by the current term structure of interest rates for a specific maturity (in the...

Embedded Put Option

A put option (put) that is not tradable- but rather is part of an instrument or structure, granting its issuer...