Tag: maturity
Fairway Bond
What is 'Fairway Bond' A type of bond that accrues interest if the embedded index or interest-rate option underlying the bond remains...
Warehouse Bond
A warehouse bond is a type of surety bond that guarantees payment for goods that are stored in a bonded warehouse. The bond is...
Gap Risk
What is 'Gap Risk' The risk that an investment's price will change from one level to another with no trading in between....
Above Par
What is 'Above Par' A term used to describe the price of a security when it is trading above its face value....
Par Value
DefinitionPar value, in finance and accounting, means stated value or face value. From this come the expressions at par, over par and under par....
Treasury Inflation Protected Securities
Understanding TIPS Treasury Inflation Protected Securities (TIPS) is a low risk investment which is backed by the U.S government and aims to protect investors...
Mandatorily Redeemable Shares
What are 'Mandatorily Redeemable Shares'
Mandatorily redeemable shares are shares owned by an individual or entity which are required to be redeemed for cash or...
Certificate of Deposit
DefinitionA certificate of deposit is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and...
Callable Certificate Of Deposit
What is 'Callable Certificate Of Deposit' An FDIC insured certificate of deposit (CD) that contains a call feature similar to other types...
Japanese Government Bond (JGB)
What is 'Japanese Government Bond - JGB' A bond issued by the government of Japan. The government pays interest on the bond...