Examlex
Outline the requirements to report information on geographical segments under current accounting standards.
Bank Discount Yield
A measure of the annualized yield on a short-term, non-interest bearing security like a Treasury bill, calculated using the discount from face value and the time to maturity.
Securitization
The financial process of pooling various types of contractual debt, such as mortgages or loans, and selling them as consolidated financial instruments to investors.
Mortgage Pass-Through Security
A type of investment that pools mortgage loans together and allows investors to receive payments derived from the underlying mortgages.
Convertible Bond
A type of bond that can be converted into a predetermined amount of the issuing company's equity at certain times during its life, usually at the discretion of the bondholder.
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