Tag: research

Lapse

What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a...

Back-to-Back Commitment

What is 'Back-to-Back Commitment' A commitment to make a second take-out loan that piggybacks another loan. With a back-to-back commitment, once the...

Canadian Originated Preferred Securities (COPrS)

What is 'Canadian Originated Preferred Securities - COPrS' A long-term subordinated debt instrument issued in Canada. COPrS (pronounced "coppers") are a type...

Call Protection

What is a 'Call Protection' A call protection is a protective provision of a callable security prohibiting the issuer from calling back...

Cage

What is 'Cage' "Cage" is a slang term used to describe the department of a brokerage firm that receives and distributes physical...

Call On A Call

What is 'Call On A Call' A type of compound option in which the investor has the right to exercise a call...

Correction

Corrections are price declines that are temporary, and interrupt the uptrend of an asset in the market. A correction can work as a precursor...

Call Premium

What is 'Call Premium' Call premium is the dollar amount over the par value of a callable fixed-income debt security that is...

Canceled Order

What is 'Canceled Order' 1. A previously submitted order to purchase or sell a security that is canceled before it has been...

Calendar Year Experience

What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period....