CATASTROPHE CALL
Call provision in municipal bonds allowing the holder for early redemption of the instrument should a catastrophic event occurs and severely damage the project funded by the issue. Often callable at par, possible catastrophes are listed down in the bond’s indenture.
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Form 5
A document that must be filed with the Securities and Exchange Commission (SEC) by an insider who has conducted insider transactions during the yea ...
Countersignature
Additional signature from an official or professional on a document that has already been signed. Serving as confirmation or authentication, it is ...
Average Collection Period
The amount of time for a business to receive payments owed.
Primary Regulator
The state or federal agency with main supervisory responsibility for a financial institution. Banks and other financial institutions will have to f ...
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