| Home | About Us | Loan Advice | Secured Loans | Personal Loans | Bad Credit Loans | Homeowner Loans | Contact Us |
|
|||||||||||||||||||
|
|||||||||||||||||||
|
|||||||||||||||||||
|
|||||||||||||||||||
  
A set of transactions (also called a debt-equity swap) in which a firm buys a countrys dollar bank debt at a
discount and swaps this debt with the central bank for local currency that it can use to acquire local equity.
Decile rank
Performance over time, rated on a scale of 1-10. 1 indicates that a mutual funds return was in the top 10%
of funds being compared, while 3 means the return was in the top 30%. Objective Rank compares all funds
in the same investment strategy category. All Rank compares all funds.
Decision tree
Method of representing alternative sequential decisions and the possible outcomes from these decisions.
Declaration date
The date on which a firms directors meet and announce the date and amount of the next dividend.
Dedicated capital
Total par value (number of shares issued, multiplied by the par value of each share). Also called dedicated
value.
Dedicating a portfolio
Related: cash flow matching.
Dedication strategy
Refers to multi-period cash flow matching.
Deductive reasoning
The use of general fact to provide accurate information about a specific situation.
Deed of trust
See: Indenture.
Deep-discount bond
A bond issued with a very low coupon or no coupon and selling at a price far below par value. When the
bond has no coupon, it is called a zero coupon bond.
De facto
Existing in actual fact although not by official recognition.
Default
Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the
provisions of a bond indenture.
Default premium
A differential in promised yield that compensates the investor for the risk inherent in purchasing a corporate
bond that entails some risk of default.
Default risk
|
