Tag: american

What is a 'Call Protection' A call protection is a protective provision of a callable security prohibiting the issuer from calling back...

What is 'Canary Call' A step-up bond that cannot be called after completing its first-step period. The issuer of the bond reserves...

A Chief Executive Officer (CEO) holds the top most position in a company who is responsible for overall administrative, managerial, operational, strategic and financial...

What is 'Call Privilege' The provision in a bond indenture that gives the bond issuer the option to redeem all or part...

DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the...

DefinitionA call option, often simply labeled a "call", is a financial contract between two parties, the buyer and the seller of this type of...

DefinitionThe paradox of thrift is a paradox of economics. The paradox states that an increase in autonomous saving leads to a decrease in aggregate...

DefinitionIn finance, a put or put option is a stock market device which gives the owner of a put the right, but not the...

What is the 'Pass-Through Rate' The pass-through rate is the rate on a securitized asset pool -- such as a mortgage-backed security...

What is 'Paper Millionaire' An individual who has achieved a high net worth as a result of the large total market value...