|
|
Credit linked security |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Credit linked securityA note whose cash flow depends upon a credit event or credit measure of a referenced entity or asset such as default, credit spread, or rating change. The manager would purchase such a note to hedge against possible down grades, or loan defaults that would guarantee payment into the portfolio of the manager even if moneys on referenced assets are reduced.Credit linked security Similar MatchesSenior securitySenior securityA security that, in the event of bankruptcy, will be redeemed before any other securities. Employee Retirement Income Security ActEmployee Retirement Income Security ActIn the US, a federal law introduced for the protection of participants in private pension plans. SecuritySecurityPiece of paper that proves ownership of stocks, bonds, and other investments. Additional security feeAdditional security feeAn up-front, one-off fee paid to the lender to protect against the borrower defaulting on the loan. This is usually charged on mortgages of more than 75% of the property value. Also known as Indemnity Guarantee Premium and Mortgage Indemnity Premium. Mortgage backed securityMortgage backed securityA security, backed by one or more mortgages. Further SuggestionsMutilated securityEmployee Retirement Income Security Act (ERISA) Margin security Security Industry Automated Corporation (SIAC) Security selection decision Hybrid security Asset backed security Social Security benefits Beta equation (security) Primitive security Security Market Line Security market line Money market security Security deposit (initial) Unlisted security dated security Undervalued security Cabinet security social security tax Collateral security Derivative security security Security Food security debt security |
|
|
|