DEFERRED INTEREST BOND
A debt instrument that pays interest only upon maturity. Unlike most bonds, a deferred interest bond does not make periodic, or "coupon," payments over its lifetime. Instead, the interest accrues and is paid out when the bond expires (matures). A deferred interest bond can be a good choice for those looking to save money while accruing more interest than they might receive in a bank savings account or a money market fund, for example.
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Conditionality
Requirements placed on using or distributing money, most frequently associated with aid money, which is lent to another country. Countries or inter ...
Mortgage Cash Flow Obligation - MCFO
A pay-through unsecured general obligation bond with many classifications. It combines the cash flow from a pool of mortgages and the revenue from ...
Back Of The Napkin Business Model
A casual word that pertains to the illustration of the fundamental parts of a business model except for any fine details. It include only the prima ...
KPW
The currency abbreviation for North Korean Won, currency of North Korea. It is divided by 100 chon and presented with the symbol W. The term &ldquo ...
SEC Form 24F-2
SEC Form 24F-2 is also referred to as the Annual Notice of Securities Sold. This means that SEC Form 24F-2 is a filing that must be annually submit ...
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