Tag: instrument
Naked Warrant
What is 'Naked Warrant' A warrant that is issued without a host bond. A naked warrant allows the holder to buy or...
Back-To-Back Letters Of Credit
What are 'Back-To-Back Letters Of Credit' Back-to-back letters of credit consist of two letters of credit (LCs) used together to finance a...
Binary Option
DefinitionA binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all. The two main...
Call Price
What is a 'Call Price' A call price is the price at which a bond or a preferred stock can be redeemed...
Call Swaption
What is 'Call Swaption' A type of option between two parties that can be exercised on a swap where the buyer of...
Callable Security
What is 'Callable Security' A security with an embedded call provision that allows the issuer to repurchase or redeem the security by...
Canadian Securities Administrators (CSA)
What is 'Canadian Securities Administrators - CSA' A collective forum composed of all the provincial and territorial securities regulators of Canada. The...
Call Warrant
What is a 'Call Warrant' A call warrant is a financial instrument that gives the holder the right to buy the underlying...
Call Option
DefinitionA call option, often simply labeled a "call", is a financial contract between two parties, the buyer and the seller of this type of...
Partially Convertible Debenture (PCD)
What is 'Partially Convertible Debenture - PCD' A type of convertible debenture, part of which will be redeemed by the issuing company...