A-NOTE
This is the highest tranche of structured financial product or a security that is backed by an asset. It is senior to other issued notes, like the B-notes issued in credit proceedings or bankruptcy, and is paid through the use of funds from underlying assets. Depending on the underlying asset’s credit quality, A-notes can be labeled as A, AA or AAA. Sometimes, it is also referred to as Class A notes.
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Market Strategist
A financial professional who makes investment recommendations about what will happen in the market in order to guide people in making profitable in ...
Subsidiary Bank
Foreign bank incorporated in the host country but is located in another country. The institution is only obliged to adhere to the host nation&rsquo ...
Diagonal Spread
An options strategy established by simultaneously entering into a long and short position in two options of the same type (two call options or two ...
Smithsonian Agreement
The Smithsonian Agreement is the agreement that re-established an international system of fixed rates excluding the backing of gold or silver. It w ...
Interlocking Shareholdings
Manner of making a unified business group by exchanging shares. By doing so, a business group continues to be comprised of various distinct legal e ...
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SEE FOREX TUTORIAL
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Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
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Retirement Planning: Creating a Nest Egg
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Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
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