Tag: notes
Absolute Return Index
What is 'Absolute Return Index' A stock index designed to measure absolute returns. The absolute return index is actually a composite index...
National Bank Surveillance System
DefinitionThe National Bank Surveillance System is a computerized, off-site monitoring system developed by the U.S. Office of the Comptroller of the Currency "to assist...
Targeted Accrual Redemption Note (TARN)
What is a ‘Targeted Accrual Redemption Note – TARN'
A targeted accrual redemption note (TARN) is an investment vehicle, calculated based on a variation of...
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...
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...
C-Note – What is a C Note Money
What does a C note mean and where does the term come from
A C-note is a common slang term for a $100 bill. The...
Macro Accounting
What is 'Macro Accounting' Accounting for the total or aggregate economic activities of a nation. Macro accounting forms the basis for the...
Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies
What is 'Wachovia Hybrid and Preferred Securities (WHPPSM) Indicies' Market capitalization weighted indicies designed by Wachovia to measure the performance of the...
A-Note
What is 'A-Note' The highest tranche of an asset backed security or other structured financial product. An A-note is senior to other...