- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A country's decision to tie the value of its currency to another country's currency, gold (or another commodity), or a basket of currencies.
Industry:Financial services
An interest rate swap in which the fixed rate payments are traded for a floating rate.
Industry:Financial services
Also called a busted convertible. Convertible security that is trading like a straight security because the optioned common stock is trading well below the conversion price.
Industry:Financial services
Assets that pay a fixed dollar amount, such as bonds and preferred stock.
Industry:Financial services
Investments that have specific interest rates, such as bonds.
Industry:Financial services
Payments of a fixed, equal amounts paid to an insurance company for insurance or an annuity.
Industry:Financial services
A one-time offer to purchase a stated number of shares at a stated fixed price, usually at a premium over the current market price.
Industry:Financial services
A traditional approach to determining the finance charge payable on an extension of credit. A predetermined and certain rate of interest is applied to the principal.
Industry:Financial services
