- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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In the context of hedge funds, a style of management that involves the simultaneous purchase of a convertible bond and the short sale of shares of the underlying stock. Interest rate risk may or may not be hedged.
Industry:Financial services
The time period during which an investor can exchange a convertible security for common stock.
Industry:Financial services
The interest rate on caps is adjustable and is pegged to Treasury security rates. They can be exchanged at par value for common stock or cash after the next period's dividend rates are revealed.
Industry:Financial services
Goldman Sachs index of the 100 convertibles of greatest institutional importance. Weighted by issue size, it measures the performance of its components against that of their underlying common stock and against other broad market indexs as well.
Industry:Financial services
The only securities exchange in Denmark. It features electronic trading of stocks, bonds, futures, and options.
Industry:Financial services
A corporation that elects to be taxed as a corporation. The C corporation pays federal and state income taxes on earnings. When the earnings are distributed to the shareholders as dividends, this income is subject to another round of taxation (shareholder's income). Essentially, the C corporations' earnings are taxed twice. In contrast, the S corporation's earnings are taxed only once.
Industry:Financial services
A unit investment trust featuring a fixed portfolio of high-grade securities and other investments, usually with monthly distribution of income.
Industry:Financial services
The function of servicing and maintaining records for debt securities issued by a corporation.
Industry:Financial services
An estimate of the Fractal Dimension which measures the probability that two points chosen at random will be within a certain distance of each other, and examines how this probability changes as the distance is increased. White noise will fill its space since its components are uncorrelated, and its correlation dimension is equal to whatever dimension it is placed in. A dependent system will be held together by its correlations and retain its dimension whatever embedding dimension it is placed in, as long as it is greater than its fractal dimension.
Industry:Financial services
The probability that two points are within a certain distance from one another. Used in the calculation of the correlation dimension.
Industry:Financial services