Tag: financial
B-Note
What is 'B-Note'
The secondary tranche in a commercial mortgage-backed security. B notes are a component of A/B financing or A/B/C financing. They have a...
C Corporation
What is a C Corporation
A C corporation is a business structure in which the company's shareholders own its assets and are liable for its...
FICO Score
FICO score is one to the measures that are used by the lenders to assess the credit risk of an applicant, and then decide...
W-Shaped Recovery
What is 'W-Shaped Recovery' An economic cycle of recession and recovery that resembles a "W" in charting. A W-shaped recovery represents the...
Wage Assignment
What Is a Wage Assignment?
A wage assignment is an agreement in which an employer assigns its right to a certain amount of wages to...
G7 Bond
What is 'G7 Bond' A term used to refer to government bonds issued by a nation in the Group of Seven (G7)....
Jackpot
What is 'Jackpot' A jackpot is the top prize in a game of chance; jackpots can be anything, including money, cars and...
MLP
An MLP is a master limited partnership. These are companies organized as partnerships that are publicly traded, combining both the advantages of a private...
Pacific Rim
What is 'Pacific Rim' The Pacific Rim is a geographic area surrounding the edges of the Pacific Ocean. The Pacific Rim covers...
Paid-Up
What is 'Paid-Up' The state of a settlement when all payment obligations for a security have been completed in a customer account....