20 Terms
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General Finance
Industry: Financial services
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General Finance
special dividend
Financial services; General Finance
Also referred to as an extra dividend. Dividend that is unlikely to be repeated.
substitution swap
Financial services; General Finance
A swap in which a money manager exchanges one bond for another bond that is similar in terms of coupon, maturity, and credit quality, but that offers a higher yield.
Securities Exchange of Thailand (SET)
Financial services; General Finance
The only stock market in Thailand, based in Bangkok.
sour bond
Financial services; General Finance
A bond issue that has defaulted on interest or principal payments, and will thus trade at a large discount and a poor credit rating.
subperiod return
Financial services; General Finance
The return of a portfolio over a shorter period of time than the evaluation period.
security interest
Financial services; General Finance
The creditor's right to take property or a portion of property offered as security.
Special Drawing Rights (SDR)
Financial services; General Finance
A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies.
