price at maturity
101Commercial paper — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
102Volatility smile — In finance, the volatility smile is a long observed pattern in which at the money options tend to have lower implied volatilities than in or out of the money options. The pattern displays different characteristics for different markets and… …
103business finance — Raising and managing of funds by business organizations. Such activities are usually the concern of senior managers, who must use financial forecasting to develop a long term plan for the firm. Shorter term budgets are then devised to meet the… …
104Chakravarty Committee on Monetary Policy (1985) — The S. Chakravarty Committee was formed in 1985 under the chairmanship of Prof.Sukhamoy Chakravarty[1] to assess the functioning of the Indian Monetary system.[2] Its goal was to improve monetary regulation, a feat that was hoped would enable… …
105Credit derivative — In finance, a credit derivative is a securitized derivative whose value is derived from the credit risk on an underlying bond, loan or any other financial asset. In this way, the credit risk is on an entity other than the counterparties to the… …
106Defeasance — Contents 1 Defeasance of Commercial Mortgage Loans 1.1 Defeasance of a Securitized Commercial Mortgage Loan 1.2 Defeasance Terms to Consider at Loan Origination …
107Bond market — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal …
108Preference Equity Redemption Cumulative Stock - PERCS — A convertible preferred stock with an enhanced dividend that is limited in term and participation. Preference equity redemption cumulative stock (PERCS) shares can be converted for shares of common stock in the underlying company at maturity. If… …
109par — The face value of a security. For example, a bond selling at par is worth the same dollar amount it was issued for or at which it will be redeemed at maturity. Chicago Board of Trade glossary (1) The principal or maturity value of a non… …
110Constant proportion portfolio insurance — (CPPI) is a capital guarantee derivative security that embeds a dynamic trading strategy in order to provide participation to the performance of a certain underlying asset. See also dynamic asset allocation. The intuition behind CPPI was adopted… …
