Business / Finance / Downgrade: Barrier option that expires if asset price hits a predetermined price level.

Other Words for Downgrade

Downgrade Verb Synonyms: belittle, minimize, play down, disparage, decry, denigrate, run down, downplay
Downgrade Noun Synonyms: demote, dethrone, humble, lower, reduce, displace, depose, dispossess, disfranchise or disenfranchise, military bust, bring or take down a peg

Vulture Fund

Business / Taxes / Vulture Fund: Like the scavenging bird of prey that lends its name to the fund, a vulture fund seeks out depressed or endangered investments. Many vulture funds focus on real estate, but others invest in bonds that MORE

Insured Bond

Business / Finance / Insured Bond: A bank or financial account that is insured for the benefit of the depositor, protecting against loss in the event that the savings institution becomes insolvent. See: FDIC. MORE

Fallen Angel

Business / Taxes / Fallen Angel: Corporate or municipal bonds that were investment-grade when they were issued but have been downgraded are called fallen angels. Bonds are downgraded by a rating service, such as Moody's Investors Ser MORE