2 Terms
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General Finance
Industry: Financial services
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General Finance
syndicate
Financial services; General Finance
A group of banks that acts jointly, on a temporary basis, to loan money in a bank credit (syndicated credit) or to underwrite a new issue of bonds.
term bonds
Financial services; General Finance
Bonds whose principal is payable at maturity. Often referred to as bullet-maturity bonds or simply bullet bonds. Related: Serial bonds.
separation theorem
Financial services; General Finance
Theory that the value of an investment to an individual is not dependent on consumption preferences. That is, investors will want to accept or reject the same investment projects by using the NPV ...
SPX
Financial services; General Finance
Applies to derivative products. Symbol for the S&P 500 index.
term certificate
Financial services; General Finance
A certificate of deposit with a longer time to maturity.
serial bonds
Financial services; General Finance
Corporate bonds arranged so that specified principal amounts become due on specified dates. Related: Term bonds.
