A custodian that has legal responsibility for the safekeeping of securities entrusted to it by another custodian.
An over-the-counter financial instrument created specifically to meet the needs of one or a small number of investors. Some of…
Debt securities that have been transformed from a principal amount with periodic interest coupons into a series of zero-coupon securities…
The fifty states of the United States and the District of Columbia, Puerto Rico and the U.S. territories and possessions,…
A debt security on which the interest and principal payments are made from a sinking fund. A sinking fund is…
Debt security, including negotiable money market instruments, with an original maturity of one year or less.
A share is a unit of equity ownership in a corporation; mutual fund; or interest, normally represented by a certificate,…
Under settlement date accounting, assets purchased are not recorded until settlement date. Therefore, only after receiving or sending payment for…