INCOME PARTICIPATING SECURITY - IPS
Security which combines common share and high-yield bond to allocate an issuer’s cash flow to investors in a tax-efficient method. Generally, it trades on securities and its two components can be split and sold separately. The cash flow is comprised of dividends from the common share and bond interest payments. Also called enhanced income security and income deposit security.
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Secondary Mortgage Market
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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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| 14:30 | Trimmed Core CPI | Aug | |
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