MBIA INSURANCE CORPORATION
A division of publicly traded Municipal Bond Insurance Association, Inc. that primarily issues financial guarantee worldwide. It used to back municipal bonds and structured finance products. This insurance company serves as an avenue to credit enhancement, as the corporation will take care of the interest and principal on any bond that is suffering from an issuer default.
Having an MBIA insurance on a municipal bond usually ensures an AAA rating or equivalent to major ratings agencies, thus making the bonds more marketable to investors.
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Normalized Earnings
It may refer to the following:
Earnings adjusted for cyclical ups and downs in the economy.
On the balance sheet, earn ...
Advanced Funded Pension Plan
A pension plan that is funded along with the accrued benefits of the employee. It is intended for the preparation of the retirement of the employee ...
Point-Of-Sale Terminal
An electronic-transaction terminal. It normally has a computer, cash register and other equipment used to sell goods or services.
Earnings Momentum
Term describing the corporate earnings per share (EPS) growth accelerates or decelerates from the previous fiscal quarter or year. It normally coex ...
Nonlegal Investment
A security of sub-investment quality made by a legal representative that does not follow to requirements of defined statutes. Nonlegal investments ...
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