The best and most coveted assets/ divisions/ units in a company in terms of value, profitability and business prospects. Companies...
A situation in which a stock price drops sharply, usually as a result of unfavorable news or developments concerning the...
Bonds that were investment grade (AAA, for example) at the time of issue, but have thereafter lost their top rating...
A financial security (stock, bond, etc) that is sold without the warrants that were attached thereto at the time of…
An abbreviation for equity-linked security; an equity-linked debt issue whose returns are keyed to the performance of a common stock…
An investment strategy that combines a short-term fixed income portfolio with an equity swap. The potential returns would exceed the…
A dividend that is paid for exceptional reasons and is unlikely to be paid again in the foreseen future, if…
A special type of convertible security that grants its holder the right to exchange the bond for shares of a…
A floating rate security in which the coupon can be changed in accordance with market conditions, allowing whereby to the...
A tranche (specifically, a Z-tranche) that may receive principal repayments before other tranches with specific precedence order, and even if...