Tag: power

What is 'Absolute Rate' The fixed portion of an interest-rate swap, expressed as a percentage rather than as a premium or a...

What is 'Samurai Market' A slang term for the stock market in Japan. Samurai market is usually used buy non-residents of Japan,...

What does 'Sandbag' mean Sandbag is a tactic used to hide or limit expectations of a company's or individual's strength in order...

What is 'Backup Line' A line of credit used by a bank to cover any issue of commercial paper for which financing...

What is 'Pass-Through Security' A pass-through security is a pool of fixed-income securities backed by a package of assets. A servicing intermediary...

What is 'Parity' Parity refers to two things being equal to each other. The term "par value" for a bond is similar...

What is 'Parity Bond' Two or more bond issues with equal rights to one another. In other words, a parity bond is...

What is a Qualified Terminable Interest Property (QTIP)? A Qualified Terminable Interest Property, or QTIP, is a type of trust that provides income to a...

What is a 'Value Chain' A value chain is a high-level model developed by Michael Porter used to describe the process by...

What is value deflation and how does it work Value deflation occurs when the prices of goods and services decrease. This can happen when there...