CALL PRIVILEGE
The supply in a bond indenture that grants the issuer of the bond the choice to get the whole or a portion of the bond issue, at calculated prices on definite stated dates. These dates are called "call dates" that structures the call schedule. The word "call privilege" comes from the reality that the alternative of the issuer is to recover possession of the bond issue, is connected to a bonds call option. In response for this chance, the issuer will commonly pay a coupon rate that is bigger compare to that compensated by straight bonds of credit quality and comparable maturity.
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McDonough Ratio
A ratio developed by the Basel Committee on Banking Supervision during Basel II conference. This ratio stemmed out from the Cookie ratio that was p ...
Excess Returns
Portion of return from a security or portfolio not explained by the overall market’s return rate. It measures the value added by the investme ...
M0
Measuring money supply that sums up all the physical currency (notes and coins) that is circulating in the economy and the bank reserves held with ...
Manufactured Housing - MH
A prefabricated housing unit, which is assembled in factories, prior to being moved to sites of use. The cost of construction per square foot is ty ...
MSCI BRIC Index
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