|
|
Positive carry |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Positive carryRelated: Net financing costPositive carry Similar MatchesPositive covenant (of a bond)Positive covenant (of a bond)A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant. Positive externalityPositive externalityA beneficial externality; that is, a beneficial effect of one economic agent's actions on another. Considered a distortion because the first agent has inadequate incentive to act. Examples are the attractiveness of well-kept farms for the tourism industry (a production externality) and reduced contagion of disease due to vaccines (a consumption externality). Positive convexityPositive convexityA property of option-free bonds that the price appreciation for a large downward change in interest rates will be greater (in absolute terms) than the price depreciation for the same downward change in interest rates. Positive yield curvePositive yield curveWhen long-term debt long-term debt are higher than short-term debt rates (because of the increased long-term debt involved with long-term debt long-term debt). Positive floatPositive floatSee: Float Further SuggestionsExtraordinary positive valuePositive list Positive Sum Relationship Positive |
|
|
|