It stands for super upside note; a structured equity-linked note which is designed to allow investors to fully leverage a...
A structured equity-linked note which is designed to allow investors to fully leverage a bullish view on a specific equity...
A covenant in a bond issue that allows a bondholder to sell, or put, a bond back to the issuer...
An asset whose market value exceeds its book value. In other words, assets such as bonds, CDOs, mortgages, are said...
An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...
An interest-only bond (tranche) that receives the excess interest (difference between the coupon rate on the underlying tranches and the...
A standardized bond (in terms of its coupon and maturity) that is used as the basis for bond futures contracts....
The stated face value of a bond. For illustrative purposes, the par value is assumed to be $1,000, although any...
The return from a bond that incorporates the interest received during the holding period and any capital gains (the difference...
A bond's ability to convert from one form to another. Typically, an interchangeable bond can be converted from coupon payment...