A convertible bond in which the conversion price is not predetermined but is kept floating. This bond converts into the…
The cash flow amount(s) that remains unpaid on each payment date after all payments on the collateralized mortgage obligation tranches...
Contraction risk is a type of prepayment risk that is faced by holders of fixed-income securities and other types of...
A type of risk that is associated with loans and loan pools (pooled loans, such as mortgage pools) in the...
A type of sinking fund bonds (sinkable bonds or sinkers) in which an equal percentage of bonds are redeemed from…
A preferred stock that has no redemption date. In other words, this fixed-rate equity instrument allows the holder no participation…
A firm that has only one business line or product, and its value (or value of its stocks) solely depends…
A warrant that a company writes on its own common stock, giving the buyer/holder the right to sell the company’s…
A type of dividend (profit distribution) whereby a company distributes physical goods to its shareholders, instead of cash or securities.…
A note (structured note) that only pays a coupon if the underlying asset trades above a specific level (known as...