An account in which the investment funds of individual clients are pooled, with each client owning portions of the pooled…
A promissory note either unsecured or backed by assets such as loans or mortgages. They are usually sold at a…
Mortgage-backed securities, which give the purchaser a claim against the cash flows generated by the underlying mortgages. CMOs are usually…
CSDs hold securities, either in certificated or uncertificated (dematerialized) form, to enable the transfer of ownership of securities. CSDs are…
Cash balances: 1) held by U.S. residents in brokerage and margin accounts with foreign residents; and 2) held by foreign…
Collateralized dollar-denominated bonds issued by a foreign government or central bank in exchange for loans under the Brady Plan. Brady…
Bearer notes issued to one or more dealers that are represented by a single global note in bearer form and…
Securities that are not registered in the name of their owner. The owner collects interest and dividends upon presentation of…
Securitized interests in a pool of assets, which give the purchaser a claim against the cash flows generated by the…
A collection of assets (securities, real estate, currencies, commodities). Funds and other investment vehicles usually invest in asset pools.