Long-Term Anticipation Securities (LEAPS)

Business / Finance / Long-Term Anticipation Securities (LEAPS): Long-term options.

Other Words for Anticipation

Anticipation Noun Synonyms: expectation, expectancy, hope
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Principal Exchange-Rated-Linked Securities (PERLS)

Business / Finance / Principal Exchange-Rated-Linked Securities (PERLS): A debt instrument with its principal and interest denominated in U.S. dollars, but with principal repayment depending on the exchange rate of the U.S. dollar against a foreign currency. MORE

PIK (Payment-In-Kind) Securities

Business / Finance / PIK (Payment-In-Kind) Securities: Highly speculative bonds or preferred stock that pay interest or dividends through additional bonds or preferred stock. MORE

Pass-Through Securities

Business / Finance / Pass-Through Securities: A pool of fixed income securities backed by a package of assets (i.e., mortgages) where the holder receives the principal and interest payments. Related: Mortgage pass-through security MORE

Other Long-Term Liabilities

Business / Finance / Other Long-Term Liabilities: Value of leases, future employee benefits, deferred taxes, and other obligations not requiring interest payments that must be paid over a period of more than one year. MORE

Project Loan Securities

Business / Finance / Project Loan Securities: Securities backed by a variety of FHA-insured loans-primarily multifamily apartment buildings, hospitals, and nursing homes. MORE

Public Securities Administration (PSA)

Business / Finance / Public Securities Administration (PSA): The trade association for primary dealers in U.S. government securities, including MBSs. MORE

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