STRUCTURED REPACKAGED ASSET-BACKED TRUST SECURITY - STRATS
Derivative product in which the originator purchases an asset, puts up a trust, and issues securities to investors. Similar to an exchange-traded fund or American Depository Receipt, investors can benefit from the asset’s performance with structured repackaged asset backed trust securities. Such products combine two or more financial vehicles with at least one derivative.
POPULAR TERMS
Multi-Factor Model
A financial model which uses numerous variable in its calculations to demonstrate market equilibrium and/or phenomena in asset prices. This model c ...
Strategic Default
Borrower’s decision to deliberately default on a debt obligation amid its capability to make the payments. Mortgage holders of residential an ...
Trading Below Cash
Situation in which a company’s total shares or market capitalization is lower than its cash on hand minus any debts. It occurs when its growt ...
Brand Equity
Value premium a firm earned from a product with goodwill and name recognition as compared to its generic counterpart. Having a brand equity leads t ...
Price Target
A target price level as stated by an investment advisor.
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