VULTURE BID
When distressed assets of uncertain worth are sold at a deep discount. Refer to fire sale and vulture fund.
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When distressed assets of uncertain worth are sold at a deep discount. Refer to fire sale and vulture fund.
Funds invested in new high risk opportunities. This is done in exchange for preinitial public equity stake. Most technology and biotechnology get their starts here. Refer to down round and mezzanine financing.
When personal assets are used to absorb business failure. Refer to piercing the corporate veil.
A security announced but not priced. It is informal but legally binding. When settled it trades like any seasoned security. Refer to to be announced and when issued treasury.
Physical barrels delivered rather than financially settled. It is used in refining and supply trades.
When security price falls causing a stop loss order. The price will rebound. Or a raise in price that trigger purchases lowering stock price.
Stock of a target company of hostile takeover. Price and volume will be erratic due to the rumor.
A mortgage sold with servicing rights to an investor. They are sometimes sold to conduits for securitization purposes.
A friendly company that takes partial control of a company. Refer to black, gray, and white knights.
When weather risks cause securitization. These risks can be temperature or percipitation. This is not the result of a catastrophe. Repayment stops when loss causing weather damages crops. Refer to catastrophe bond,
Changing the appearance on financial statements to make a company look better. It is ethically questionable.
a term used to refer to a table in progress that is not yet able to be used in rating.
An organization created in 1994 that is supranational. It regulates trade of goods and services.
A strategy used to increase core returns. This is intended to be a low risk move. Refer to arbitrage speculation and hedging.
an early mortality table which showed the actual mortality experienced by those insured by major insurers between 1925 and 1934.
A yield curve showing discounts for maturities from a starting point to present. This is done through stripping the yield curve.
The final speculation of a japanese company to boost nonoperating income.
When only a oneway quote is available for a security.
A holder of a derivative contract that plans to close out before maturity. Retail investors are commonly weak hands. Refer to strong hands.
When a group or institution buy a portion of an asset to cause their prices to go up. This way the short position has to cover it. Refer to bear trap.