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Canceled Order

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

CDO – Collateralized Debt Obligation

What is CDO (Collateralized Debt Obligation)? Collateralized Debt Obligation or CDO is a financial product that brings together assets that can generate cash flow...

Committee On Payment And Settlement Systems

Learning About the Committee on Payment and Settlement Systems The Committee on Payment and Settlement Systems consists of the central banks of the G10...
Cancellation of debt

Cancellation Of Debt (COD)

What is Cancellation of Debt (COD)? Cancellation of debt (COD) is the forgiveness of debt. This can occur when a lender agrees to cancel all...

Calamity Call

What is 'Calamity Call' A call feature of a Collateralized Mortgage Obligation (CMO) designed primarily to reduce the issuer's reinvestment risk. If...

Cancellation

What is 'Cancellation' A cancellation is a notice made by a broker, to his client, informing him an erroneous trade was made and is being...

Call Over

What is 'Call Over' When the buyer of a call option exercises the option. In options trading, the buyer of a call...

Pass-Through Security

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...

Party Wall

DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the...
Passive ETF

Passive ETF

What is a Passive ETF and how does it work A passive Exchange-Traded Fund (ETF) is a type of investment fund that aims to track...

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