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General Finance

Contributors in General Finance

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.

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