Tag: debt
Odious Debt
DefinitionIn international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic...
Odd-Days Interest
What is 'Odd-Days Interest' Interest that is earned from a mortgage or other loan with closed-end installments that contain a nonstandard payment...
One-Cancel-All Order (OCA)
What is 'One-Cancel-All Order (OCA)'
A One-Cancel-All (OCA) order is a type of options order that gives the trader the ability to place multiple options...
Mark to Market
DefinitionMark-to-market or fair value accounting refers to accounting for the "fair value" of an asset or liability based on the current market price, or...
Mandatory Convertible
What is a 'Mandatory Convertible' A mandatory convertible is a type of convertible bond that has a required conversion or redemption feature....
Off-The-Run Treasury Yield Curve
What is 'Off-The-Run Treasury Yield Curve' The U.S. Treasury yield curve derived using off-the-run treasuries. Off-the-run treasuries refer to U.S. government bonds...
Madrid Fixed Income Market .MF
What is the Madrid Fixed Income Market .MF
Spain's MF is a short-term debt instrument used by the Spanish government to finance its daily operations...
Management Buyout (MBO)
What is a 'Management Buyout - MBO' A transaction where a company’s management team purchases the assets and operations of the business...
Management And Employee Buyout (MEBO)
What is 'Management And Employee Buyout - MEBO' A restructuring initiative that involves both managerial and non-managerial employees buying out a firm...
Making Home Affordable
DefinitionThe Making Home Affordable program of the United States Treasury was launched in 2009 as part of the Troubled Asset Relief Program. The main...