Convertible Arbitrage

Business / Finance / Convertible Arbitrage: The interest rate on caps is adjustable and is pegged to Treasury security rates. They can be exchanged at par value for common stock or cash after the next period's dividend rates are revealed.

Arbitrageur

Business / Finance / Arbitrageur: One who profits from the differences in price when the same, or extremely similar, security, currency, or commodity is traded on two or more markets. The Arbitrageur profits by simultaneously purchasi MORE

International Arbitrage

Business / Finance / International Arbitrage: Simultaneous buying and selling of foreign securities and A.D.R.s to capture the profit potential created by time, currency, and settlement inconsistencies that vary across international borders. MORE

Mandatory Convertibles

Business / Finance / Mandatory Convertibles: A debt instrument that is exchangeable at some point for equity in the form of common stock or a new issue. MORE

Participating Convertible Preferred Stock

Business / Finance / Participating Convertible Preferred Stock: Preferred stock that can be converted into common stock at the option of the holder. In contrast, to the usual preferred stock, the value of the preferred stock is refunded to the holder. That is, one MORE

Index Arbitrage

Business / Finance / Index Arbitrage: A division of the CME established in 1982 for trading stock index products and options. MORE

High-Premium Convertible Debenture

Business / Finance / High-Premium Convertible Debenture: Bank loan to a highly leveraged firm. MORE

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