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A convertible security that is trading well below its conversion value. The result is that the security is valued as regular debt because there is very lit[阅读全文:]
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Members of the NYSE that typically trade in inactive bonds. Also known as the inactive bond crowd or book crowd.
|||The name cabinet crowd arises fro[阅读全文:]
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A single payment for an entire loan amount that is paid at maturity.
|||For large loan amounts, such as mortgage loans, refinancing is usuall[阅读全文:]
1) A one-time lump-sum repayment of an outstanding loan, typically made by the borrower after very little, if any, amortization of the loan. This can also [阅读全文:]
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A savings certificate entitling the bearer to take advantage of rising interest rates with a one time option to "bumping up" the interest rate paid. The [阅读全文:]
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A type of bond that offers investors the option to reinvest coupon payments into additional bonds with the same coupon and maturity.
Also known as [阅读全文:]
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A guaranteed investment contract (GIC) is purchased with a single premium and only one payout that is made at maturity.
||| With a GIC, there[阅读全文:]
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1. A procedure used to calculate the zero-coupon yield curve from market figures.
2. A situation in which an entrepreneur starts a company with lit[阅读全文:]
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Bonds that are issued by the governments of developing countries. Brady bonds are some of the most liquid emerging market securities. They are named after [阅读全文:]
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When the net asset value (NAV) of a money market fund falls below $1. Breaking the buck can happen when the money market fund's investment income does not[阅读全文:]