BULLET BOND
Debt instrument in which its overall face value is paid at once on the maturity. A non-callable bond, an issuer cannot redeem these bonds before maturity. Both companies and governments release bullet bonds, which have two maturities: short-term and long-term. A portfolio comprised of bullet bonds is called a bullet portfolio.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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Income Sources for Creating Retirement Fund
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