Underlying Debt — In municipal bonds, underlying debt relates to an implicit understanding that the debt of smaller governmental entities might also be backed by the creditworthiness of larger governmental entities in the jurisdiction. On their own, these smaller… … Investment dictionary
underlying debt — municipal bonds issued by government entities but under the control of larger government entities and for which the larger entity shares the credit responsibility. Bloomberg Financial Dictionary … Financial and business terms
Debt Exchangeable for Common Stock - DECS — A debt instrument that provides the holder with coupon payments in addition to an embedded short put option and a long call on the issuing company s stock. DECS instruments provide the holder with the right to convert the security into the… … Investment dictionary
Collateralized Debt Obligation Cubed - CDO-Cubed — A special purpose vehicle (SPV) with securitization payments in the form of tranches. Collateralized debt obligation cubeds (CDO cubeds) are backed by a pool of collateralized debt obligation squared (CDO squared) tranches. These CDOs are… … Investment dictionary
Toxic Debt — Debt that has a lower chance of being repaid with interest. Toxic debt is toxic to the person or institution that will receive the payments. This debt generally adheres to one of the following criteria: default rates for the particular debt are… … Investment dictionary
Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
Unsecured Debt — A loan not secured by an underlying asset or collateral. Unsecured debt is the opposite of secured debt. The concept of unsecured debt is easily understood when its opposite is considered. A good example of secured debt would be a mortgage. The… … Investment dictionary
United States public debt — Part of a series of articles on Unit … Wikipedia
United States debt-ceiling crisis — Part of a series of articles on Unit … Wikipedia
parallel debt — International trust structures are used for holding security in secured syndicated facilities (syndicated facility) so that such security remains valid for a fluctuating group of lenders, without the need to retake or re register such security if … Law dictionary
Margin Debt — 1. The dollar value of securities purchased on margin within an account. Margin debt carries an interest rate, and the amount of margin debt will change daily as the value of the underlying securities changes. 2. The aggregate value of all margin … Investment dictionary