treasury

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

COMMODITY-LINKED DERIVATIVES

Commodity contracts are contracts that have a return, or portion of their return, linked to the price of, or to…

4 years ago

COMMINGLED ACCOUNT

An account in which the investment funds of individual clients are pooled, with each client owning portions of the pooled…

4 years ago

COMMERCIAL PAPER

A promissory note either unsecured or backed by assets such as loans or mortgages. They are usually sold at a…

4 years ago

COLLATERALIZED MORTGAGE OBLIGATION (CMO)

Mortgage-backed securities, which give the purchaser a claim against the cash flows generated by the underlying mortgages. CMOs are usually…

4 years ago

CENTRAL SECURITIES DEPOSITORY (CSD)

CSDs hold securities, either in certificated or uncertificated (dematerialized) form, to enable the transfer of ownership of securities. CSDs are…

4 years ago

BROKERAGE BALANCES

Cash balances: 1) held by U.S. residents in brokerage and margin accounts with foreign residents; and 2) held by foreign…

4 years ago

BRADY BONDS

Collateralized dollar-denominated bonds issued by a foreign government or central bank in exchange for loans under the Brady Plan. Brady…

4 years ago

BEARER GLOBAL NOTES/CERTIFICATES

Bearer notes issued to one or more dealers that are represented by a single global note in bearer form and…

4 years ago