Back Of The Napkin Business Model
What is 'Back Of The Napkin Business Model' A slang term that refers to the representation of the basic components of a...
Facility
What is a 'Facility' A facility is a formal financial assistance program offered by a lending institution to help a company that...
Call
What is a 'Call' A call auction is sometimes referred to a call market; it's a time on an exchange when buyers...
Value Investing
DefinitionValue investing is an investment paradigm which generally involves buying securities that appear underpriced by some form of fundamental analysis, though it has taken...
Import
What is an 'Import' An import is a good or service brought into one country from another. The word "import" is derived...
Pari-passu
Definition
Pari passu is a Latin phrase that literally means "with an equal step" or "on equal footing". It is sometimes translated as "ranking equally",...
Off Balance Sheet (OBS)
What is an 'Off Balance Sheet - OBS' Off balance sheet (OBS) items refer to assets or liabilities that do not appear...
Early Amortization
What is 'Early Amortization' A type of credit enhancement used in certain asset backed securities (ABS). Early amortization is an accelerated payment...
Unbundled Life Insurance Policy
What is ‘Unbundled Life Insurance Policy'
An unbundled life insurance policy is a type of insurance policy and planned financial protection that offers money to...
Callable Certificate Of Deposit
What is 'Callable Certificate Of Deposit' An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types...