SYNDICATED LOAN
Loan made by a group of lenders working together to provide funds for the borrower, which may refer to a company, huge project, or a government. A loan involves fixed amounts, credit line, or combination of the two. Interest rates on the loan may be fixed or floating depending on a benchmark rate. The loan normally has a lead bank or underwriter called agent, arranger, or lead lender. Also called syndicated bank facility.
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Housing Bubble
A run-up in housing prices fueled by demand, speculation and the belief that recent history is an infallible forecast of the future. Housing bubble ...
Low Exercise Price Option - LEPO
A call option for investors that has a price of 1 cent with an agreement to buy 1000 shares. This cannot be executed until its expiry. It works lik ...
Callable Security
A security with an enclosed call provision that gives the person who issues to redeem or repurchase the security by a particular period. Since the ...
Shadowing
Shadowing is the creation of values for variables that are not dependent strictly to market value. This means that these variable have market value ...
Pass-Through Rate
Pass-through rate is the net
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