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back door listings

Back Door Listings

When a company fails to meet the listing requirements of a stock exchange, it may turn to a back door listing as a way...

Canadian Originated Preferred Securities (COPrS)

What is 'Canadian Originated Preferred Securities - COPrS' A long-term subordinated debt instrument issued in Canada. COPrS (pronounced "coppers") are a type...

Party Wall

DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the...

Participation Mortgage

DefinitionA participation mortgage or participating mortgage is a mortgage loan, or sometimes a group of them, in which two or more persons have fractional...

Quartile

DefinitionA quartile is a type of quantile. The first quartile is defined as the middle number between the smallest number and the median of...

Value-Added Reseller

DefinitionA value-added reseller is a company that adds features or services to an existing product, then resells it as an integrated product or complete...

Variable Coupon Renewable Note (VCR)

Variable Coupon Renewable Note (VCR) What is 'Variable Coupon Renewable Note - VCR' A renewable fixed income security with variable coupon rates...

Vendor Note

What is 'Vendor Note' A type of debt instrument used in a particular type of short-term loan agreement in which the seller...

Financial Security

The term security in common usage denotes safety; however in financial parlance the term is taken to refer to a tradable financial asset. In fact this...

Farmout

What is 'Farmout' Farmout is the assignment of part or all of an oil, natural gas or mineral interest to a third...

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