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Spread

The difference between the bid and ask prices for a particular tradable asset (stock, bond, etc..). For example, if a...

Equity-Based Crowdfunding

A crowdfunding which involves investing in an early-stage unlisted company in return for equity, i.e., shares in that company. Investors-cum-shareholders…

Subscription Warrant

A type of issuer derivative that is usually issued with another security such as a bond or preferred stock that...

SUN Note

It stands for super upside note; a structured equity-linked note which is designed to allow investors to fully leverage a...

Synthetic High Income Equity-Linked Security

A structured equity-linked note (ELN) that is issued not by the company whose stock is used as underlying equity, but...

Trade Acceptance

A time draft that is drawn by a provider of goods and services on a buyer/ importer (the drawee), who...

Taper

A gradual scale back of bond purchases by the U.S. Federal Reserve (the Fed). Usually, the Fed buys bonds in…

Return of Capital

A dividend that is paid out of paid-in capital rather than from current net profits or retained earnings. Unlike, stock…

Repo Repricing

A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...

Time Deposit

A certificate of deposit (CD) or savings account which is held in a bank or depository institution for a preset...