BULLDOG BOND
Bond buyers purchased to generate a revenue stream from the British pound. The exchange risk declines if the revenue is used to cut down debt in British pound. Non-British entities issue these bonds who seek to sell the bond in the United Kingdom. American investors can also acquire the bulldog bond but they will need to endure the risk of the change in value of the sterling.
POPULAR TERMS
Affirmative Covenant
A kind of contract or promise that requires a party to conduct some action. For example, a bond covenant which provides that the issuer must delive ...
Pure Risk
A risk where loss is the only potential outcome; there is no positive result. A pure risk is related to events that are out of control of the risk- ...
Efficiency
Performance level describing a process which uses the lowest amount of inputs to come up with the greatest amount of inputs. It is relative to usin ...
Tax Free
Goods and/or financial products that are not taxable. Having the tax free status allows an entity to save money and encourages additional spending ...
Reprice
A situation that is most often allowed for company executives or high-level employees. It permits them to trade in their options that out of the mo ...
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| 14:30 | Consumer Price Index Core | Feb |


