- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Investor who likes to take risk and is even willing to pay for it. Also called risk lover.
Industry:Financial services
Redeeming a bond with proceeds received from issuing lower-cost debt obligations with ranking equal to or superior to the debt to be redeemed.
Industry:Financial services
To move to an option position with a later expiration date.
Industry:Financial services
Financial report that all banks, bank holding companies, savings, and loan associations, Edge Act and agreement corporations, and certain other types of organizations must file with a federal regulatory agency. Informally termed a call report.
Industry:Financial services
Credit granted by a firm to consumers for the purchase of goods or services. See: consumer credit.
Industry:Financial services
To discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank.
Industry:Financial services
The shifting of risk through insurance or securitization of debt because of risk aversion.
Industry:Financial services
A financial instrument involving a forward purchase contract that obligates investors to buy bonds at a certain rate when issued. The future date coincides with the first optional call date on an existing high-rate bond. In the interim, investors' money is invested in secondary market Treasury bonds. The Treasuries mature around the call date on the existing bonds, providing the money to buy the new issue and redeem the old one.
Industry:Financial services
Author of path-breaking work on asset pricing including the famous Roll critique. Finance professor at UCLA.
Industry:Financial services