- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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An agreement by the parties to a transaction to share the currency risk associated with the transaction. The arrangement involves a customised hedge contract embedded in the underlying transaction.
Industry:Financial services
Interest that is not immediately expensed, but rather is considered as an asset and is then amortised through the income statement over time.
Industry:Financial services
Mortgage loans that meet the qualifications of Freddie Mac or Fannie Mae, which are bought from lenders and issued as pass-through securities.
Industry:Financial services
For bonds or notes, the coupon rate divided by the market price of the bond.
Industry:Financial services
A company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company.
Industry:Financial services
An exotic option. It represents a call option on a put option. That is, you purchase the option to buy a put option at a particular price on or before the expiriation date.
Industry:Financial services
A merger involving two or more firms that are in unrelated businesses.
Industry:Financial services
High-coupon bonds that sell at only at a moderate premium because they are callable at a price below that at which a comparable noncallable bond would sell. Cushion bonds offer considerable downside protection in a falling market.
Industry:Financial services
A loose quantity term sometimes used to describe the amount of a commodity underlying one commodity contract; e.g., "a car of bellies." Derived from the fact that quantities of the product specified in a contract once corresponded closely to the capacity of a railroad car.
Industry:Financial services
