LIQUID YIELD OPTION NOTE - LYON
Introduced in 1985, it is a combined features of a zero-coupon bonds that is issued at a huge discount per value. It is convertible by issuer based on its fixed amount of common stock shares; putable by the holder at his or her option for cash, based on the schedule of rising exercise prices; and callable by the bond holder according to another schedule of rising exercise prices. These are typically offered by firms that have an investment-grade rating and are widely-known, but also have volatile equity. These are well-known with risk-averse investors.
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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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| 14:30 | Manufacturing Shipments | Jul |
