Tag: bond
PAB
What is 'PAB' In currencies, this is the abbreviation for the Panama Balboa. Explaining 'PAB' The currency market, also...
Baccalaureate Bond
What is 'Baccalaureate Bond' A zero-coupon bond issued by certain states to assist families in saving for college tuition by means of...
Yankee CD
What is 'Yankee CD' A certificate of deposit (CD) that is issued in the United States by a branch or agency of...
Yankee Certificate Of Deposit
What is 'Yankee Certificate Of Deposit' A certificate of deposit issued by a foreign bank in the United States. As they usually...
Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies
What is 'Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies' Market capitalization weighted indicies designed by Wachovia to measure the performance of the...
Z-Bond
What is 'Z-Bond' The final tranche in a series of mortgage-backed securities that is the last one to receive payment. Used in...
Z-Share
What is 'Z-Share' A class of mutual fund shares that employees of the fund's management company are allowed to own. Employees may...
Pacific Exchange (PCX)
What is 'Pacific Exchange - PCX' An exchange network that coordinates the trading of stock options between both institutional and individual investors....
Baby Bond
What is 'Baby Bond' Fixed income securities issued in small denominations, generally with a maximum face value of $5,000. The small denominations...
Face Value
What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...