LCDS
A credit derivative where the credit exposure of an underlying loan is switched between two entities. Its structure is similar to a regular credit default swap, except the basic reference entity is strictly limited to syndicated secured loans, not on any loan or bond. Sometimes these are used for creating bets on the credit quality of an entity.
Also called loan-only credit default swap.
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Accumulation Area
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SEC Form DEF13E3
SEC Form DEF13E3 is a form which is used as an initial preliminary statement for a company or affiliate that is turning private. “Going priva ...
Transaction
1. Deal between a buyer and a seller to exchange a product, service, or financial instrument.
2. In accounting, an event or condition aff ...
IRS Publication 596
A document that gives information on the earned income credit (EIC) offered to individuals who earn below $51,567. To be eligible to receive EIC, a ...
Depository Trust Company Tracking - DTCT
A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.
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