POSITIVE GAP
When assets are greater than liabilies. Refer to gap, gapping, and negative gap.
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When assets are greater than liabilies. Refer to gap, gapping, and negative gap.
Early mortgage payment due to the sale of the home or refinancing to get a better interest rate. Refer to model and speed.
A captive where individual accounts called cells are used for selfinsurance. The cells are seperated by statute protecting them from loss. Refer to agency, group, pure, senior, sister and renta captive.
An option that pays the ending price if it is below strike price. Otherwise there is no payoff.
A fixed incomes yield curve depicting interest rates and maturity dates for a marketplace.
The flag in a chart signifing a peak point. At this peak prices drop or raise quickly.
A chart showing movement of investments without considering time. Xs and Os show up and down movement and if the trend shifts a new column is added. The chart is made to
When a companies assets exceed its liabilities. There is plenty of liquidity to cover obligatins. Refer to negative working capital.
The way banks calculate the speed a mortgage will be repaid. A common way is the constant repayment rate model.
A take over method where an investor presuades the board to vote against the director and create a new board in their favor. This takes a long time and can be prevented
An option where the buyer is paid the difference between the strike price and the lowest price. Refer to option on the maximum/minimum, lookback option, and call on the maximum.
An event that causes coupon rates to be suspened to prevent further loss.
When a manager only fills offers on one side keeping the rest until they see how the market is going to behave. If things go well all are let out but if
A barrier option whose barrier kicks in at only one time. This time is usually maturity. AKA european barrier option. Refer to partial barrier option.
When short term interest rates are lower than long term rates. This indicates normal market yield. AKA upward sloping yield curve. Refer to kinked and negative yield curve.
The speed a mortgage can be paid ahead of schedule.
A UK company listed and registered under the companies act. It has limited liability.
An option where the buyer is paid the difference between the strike price and the worse performing asset in a portfolio. Refer to call on the best of nassets, call on the
When a debtor and creditor meet to avoid default.
Stocks sold at less than one dollar. They are sold by companies in financial trouble, new companies, and ones removed from a larger market. The sales are recorded on a pink sheet.