Tag: asset
Obligation
What is an 'Obligation' An obligation in finance is the responsibility to meet the terms of a contract. If an obligation is...
A-Note
What is 'A-Note' The highest tranche of an asset backed security or other structured financial product. An A-note is senior to other...
Haircut
What is a 'Haircut' A haircut is the difference between prices at which a market maker can buy and sell a security....
Macro Risk
What is 'Macro Risk' A type of political risk in which political actions in a host country can adversely affect all foreign...
FASB 157
What is 'FASB 157' A Financial Accounting Standards Board (FASB) Statement that requires all publicly-traded companies in the U.S. to classify their...