A bond that is issued as part of a municipal bond issue not exceeding an aggregate face amount of $10…
In the context of subprime deals, it is a provision that entails the conversion of deal structure from sequential pay…
A security that exposes its holder (investor) to market risk in terms of volatility as to price, rate, returns, repayment...
Granularity in finance has different (and at time slightly different) meanings in different contexts. In relation to structured products/ instruments,...
With respect to subprime deals, it a trigger that determines the collateral tests. It is one of the specific features…
The practice of granting options (employee or executive stock options– ESOs) just before the announcement of key information that is…
A bond issue (particularly a municipal issue) in which a certain proportion (installment) matures at regular intervals (e.g. each year)…
A bond (particularly issued by municipalities) in which a certain proportion (installment) matures at regular intervals (e.g. each year) until…
An artificially created security that combines a financial security (such as a bond, stock, etc) with another asset such as…
Abbreviation for spread-adjusted note; a debt instrument that bears a base rate fixed or linked to a sovereign rate (Treasury…