Glossary

DEPOSITARY RECEIPTS

Negotiable certificates evidencing the deposit of publicly traded securities. Depositary Receipts can be listed on an exchange to ease trading…

4 years ago

DEPOSIT NOTES

A debt security issued by a bank, backed by federal deposit insurance up to $100,000 in principal and interest. They…

4 years ago

DEALERS

A securities dealer is an entity that engages in buying securities for its own account. However, the definition of securities…

4 years ago

CUSTODIAN

An organization that manages or administers the custody or safekeeping of stock certificates, debt securities, or other assets for institutional…

4 years ago

CREDIT DERIVATIVES

Contracts in which the payout is linked primarily to some measure of the creditworthiness of one or more credits. Credit…

4 years ago

CREDIT BALANCES

Liabilities to a third party that are incidental to, or that arise from, the exercise of banking powers, including the…

4 years ago

COVERED BOND

Also known as Mortgage Bond or Pfandbriefe. A bond that is backed by loans, typically mortgages, but does not give…

4 years ago

CONVERTIBLE SECURITIES

Corporate securities (usually preferred shares or bonds) that are exchangeable for a set number of another form (usually common shares)…

4 years ago

CONVERTIBLE BOND

A bond that can be exchanged at a set price for equity securities by the holder under certain conditions.

4 years ago

COMMON STOCK

A security representing units of equity ownership in a corporation. Common stock claims are subordinate to the claims of bondholders,…

4 years ago