Tag: bond
Early Amortization
What is 'Early Amortization' A type of credit enhancement used in certain asset backed securities (ABS). Early amortization is an accelerated payment...
Junk Bond
A non-investment grade or high yield bond is referred to as a junk bond. As the name suggests, these bonds have a credit rating...
Japanese Government Bond (JGB)
What is 'Japanese Government Bond - JGB' A bond issued by the government of Japan. The government pays interest on the bond...
Targeted Amortization Class (TAC)
What is 'Targeted Amortization Class - TAC' A type of credit derivative that is similar to a planned amortization class (PAC) in...
Joint Bond
What is 'Joint Bond' A bond that is guaranteed by a party other than the issuer. A joint bond is an issue...
U.S. Treasury
What is the U.S. Treasury
The United States Department of the Treasury is the national treasury of the United States federal government. It was established...
Imputed Interest
What is an 'Imputed Interest' Imputed interest is used by the Internal Revenue Service (IRS) as a means of collecting tax revenues...
Par
What is 'Par' Short for "par value," par can refer to bonds, preferred stock, common stock or currencies, with different meanings depending...
League Table
DefinitionStandings or rankings are listings which compare sports teams or individuals, institutions, nations, companies, or other entities by ranking them in order of ability...
Laddering
Definition
Laddering is an investment technique that requires investors to purchase multiple financial products with different maturity dates.
Laddering
What is 'Laddering'
The promotion of inflated pre-IPO prices...