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A loan or security that ranks above other loans or securities with regard to claims on assets or earnings. Also known as a senior security.
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The act of lending money at an interest rate higher than that permitted by law.
|||This is an illegal practice. Different regions have prescr[阅读全文:]
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A credit facility with no restrictions placed upon the lending institution regarding the amount of funds to be lent.
|||Under this arrangemen[阅读全文:]
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A government bond that has no maturity date, and pays interest in perpetuity. While the government can redeem an undated issue if it so chooses, since most[阅读全文:]
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In municipal bonds, underlying debt relates to an implicit understanding that the debt of smaller governmental entities might also be backed by the creditw[阅读全文:]
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Interest that has been collected on a loan by a lending institution but has not yet been counted as income (or earnings). Instead, it is initially recor[阅读全文:]
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A U.S. government savings bond that offers a fixed rate of interest over a fixed period of time. Many people find these bonds attractive because they are n[阅读全文:]
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Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and [阅读全文:]
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A type of bond fund that invests only in fixed-income instruments with very short-term maturities. An ultra-short bond fund will ideally invest in instrume[阅读全文:]
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An accounting methodology for certain bonds. The unamortized bond discount is the difference between the par of a bond - the value of the bond at maturity [阅读全文:]