Tag: fixed
Hara-Kiri Swap
What is 'Hara-Kiri Swap' An interest rate or cross-currency swap devoid of any profit margin for the originator. The term gets its...
Home Equity Loan
DefinitionA home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The...
Health Maintenance Organization (HMO)
DefinitionIn the United States, a health maintenance organization is a medical insurance group that provides health services for a fixed annual fee. It is...
Heath-Jarrow-Morton Model (HJM Model)
What is 'Heath-Jarrow-Morton Model - HJM Model' A model that applies forward rates to an existing term structure of interest rates to determine...
Harmless Warrant
What is a Harmless Warrant
A warrant is a security that gives the holder the right to buy or sell shares of common stock at...
Yield To Average Life
What is 'Yield To Average Life' The yield on a fixed-income security when the average maturity is substituted for the maturity date...
Yield Pickup
What is 'Yield Pickup' The additional interest rate an investor receives when selling a lower-yielding bond in exchange for a higher-yielding bond....
Years Certain Annuity
What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...
Yield Equivalence
What is 'Yield Equivalence' The interest rate on a taxable security that would render a return equivalent to that of a tax-exempt...
Yield Curve
A yield curve depicts interest rates of bonds having different maturities, but same credit quality, at a specific point in time. The yield curve...