Tag: bonds
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...
Safe Deposit Box
DefinitionA safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank...
Joint Bond
What is 'Joint Bond' A bond that is guaranteed by a party other than the issuer. A joint bond is an issue...
Offshore Mutual Fund
What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside...
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...
Lattice-Based Model
What is 'Lattice-Based Model' An option pricing model that involves the construction of a binomial tree to show the different paths that...
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...
Earnings Yield
DefinitionEarnings yield is the quotient of earnings per share divided by the share price. It is the reciprocal of the P/E ratio. Earnings Yield...
National Quotation Bureau (NQB)
What is 'National Quotation Bureau - NQB' A company established in 1913 to compile and publish price information on stocks and bonds...