Tag: principal

What is 'Partial Redemption' An investment-transaction classification that refers to the withdrawal of a portion of a security's value by the owner....

DefinitionA parallel loan is two loans taken out by two pairs of companies in different countries from local lenders with the aim of swapping...

What is 'Quanto Swap' A swap with varying combinations of interest rate, currency and equity swap features, where payments are based on...

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...

Variable Coupon Renewable Note (VCR) What is 'Variable Coupon Renewable Note - VCR' A renewable fixed income security with variable coupon rates...

What is Variable Survivorship Life Insurance Variable survivorship life insurance is a type of permanent life insurance that pays a death benefit to the surviving...

Definition A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows...

What is a 'Waterfall Payment' A waterfall payment is a type of payment scheme in which higher-tiered creditors receive interest and principal...

What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name...

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...