Examlex
Under the UETA, a person's name is necessary to give effect to an elec?tronic record.
Collateralized Debt Obligation
A complex structured finance product that pools together cash flow-generating assets and repackages this asset pool into tranches that can be sold to investors.
CDO
Collateralized Debt Obligation, a type of structured asset-backed security (ABS) with multiple tranches that is issued by special purpose entities and collateralized by debt obligations.
Zero-Coupon Bond
A bond that does not pay periodic interest payments and is instead issued at a significant discount to its face value and pays its full face value at maturity.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, taking into account its current market price, par value, coupon interest rate, and time to maturity.
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