- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Concluding a transaction by a network of factors across borders. The exporter's factor can contact correspondent factors in other countries to handle the collection of accounts receivable.
Industry:Financial services
Premium in price above the par value of a bond or share of preferred stock that must be paid to holders to redeem the bond or share of preferred stock before its scheduled maturity date.
Industry:Financial services
Value of outstanding common shares at par, plus accumulated retained earnings. Also called shareholders' equity.
Industry:Financial services
Describes the volatility of returns on international investments caused by events associated with a particular country as opposed to events associated solely with a particular economic or financial agent.
Industry:Financial services
The price, specified at issuance, at which the issuer of a bond may retire part of the bond at a specified call date.
Industry:Financial services
Ratios that are designed to measure the relative claims of stockholders to earnings (cash flow per share), and equity (book value per share) of a firm.
Industry:Financial services
A provision under which default on one debt obligation triggers default on another debt obligation.
Industry:Financial services
A feature of some callable bonds that establishes an initial period when the bonds may not be called.
Industry:Financial services
A class of a Collateralized Mortgage Obligation (CMO) whose principal is paid off first when the underlying mortgages are prepaid due to falling interest rates. When interest rates rise, there will be lower prepayments of the principal; companion bonds therefore absorb most of the prepayment risk of a CMO.
Industry:Financial services
Applies to derivative products. Hedging with a futures contract that is different from the underlying being hedged. Use of a hedging instrument different from the security being hedged. Hedging instruments are usually selected to have the highest price correlation to the underlying.
Industry:Financial services