DefinitionKnowledge management is the process of creating, sharing, using and managing the knowledge and information of an organisation. It refers to a multidisciplinary approach to achievin
Kangaroo Bond What is 'Kangaroo Bond' A type of foreign bond that is issued in the Australian market by non-Australian firms and is denominated in Australian currency. The bond is subject
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 name from Japanese banks' and securities h
DefinitionA home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The loan amount is determined by the value of the property, and the val
DefinitionIn the United States, a health maintenance organization is a medical insurance group that provides health services for a fixed annual fee. It is an organization that provides or ar
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 appropr
Half-Year Convention For Depreciation What is the 'Half-Year Convention For Depreciation' The half-year convention for depreciation is the depreciation schedule that treats all property ac
Harmless Warrant What is 'Harmless Warrant' A warrant that requires the holder to surrender a similar bond when purchasing a new fixed-income instrument. For the warrant to be exercisable,
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 of the issue. It is particularly u
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. The bond with the lower yie