- Industria: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Sale or realization of a debtor firm's assets voluntarily agreed to by its creditors who estimate that the firm's liquidation value exceeds its going-concern value.
Industry:Financial services
Bond whose payments are linked to an index, e.g., the consumer price index.
Industry:Financial services
The implied call imbedded in a MBS. Irrational because the call is sometimes not exercised when it is in the money (interest rates are below the threshold to refinance), and sometimes exercised when it is not in the money. Option exercise like this affects payments on the MBS.
Industry:Financial services
The rights of a firm's securityholders in the event the firm liquidates.
Industry:Financial services
Options that have an exercise price which may fluctuate above or below market value at performance options in that the exercise price of indexed options typically remains variable until the option is exercised.
Industry:Financial services
The Modigliani and Miller theorem that a firm's capital structure is irrelevant to the firm's value.
Industry:Financial services
Net amount that could be realized by selling the assets of a firm after paying the debt.
Industry:Financial services
A passive instrument strategy calling for construction of a portfolio of stocks designed to track the total return performance of an index of stocks.
Industry:Financial services
Assurance of funds issued by a bank that cannot be canceled or amended without the beneficiary's approval.
Industry:Financial services
Person appointed by an unsecured creditor in the United Kingdom to oversee the sale of an insolvent firm's assets and the repayment of its debts.
Industry:Financial services