Bond Equivalent Basis A computing method for determining bond-equivalent yield. … [Read more...]
Bond Indenture
Bond Indenture A contract containing a commitment of the issuer of corporate bond and outlining investor rights in this issue. … [Read more...]
Bond Indexing
Bond Indexing Creating and structuring a portfolio to duplicate any bond index performance. … [Read more...]
Bond Insurance
Bond Insurance Insurance policy purchased by bond issuer that guarantees the principal repayment and also payment of all associated interest to the bondholders in case of default. … [Read more...]
Bond Points
Bond Points Measure unit used conventionally to evaluate bond prices established at $10 and equaling 1% of $100 face value on the bond. Thus a price of 50 denotes the bond price is 50% of face value. … [Read more...]
Bond Value
Bond Value In convertible bonds, the value of the security if it was non convertible. … [Read more...]
BONDPAR
BONDPAR Monitoring and evaluating system for fixed-income portfolio encompassing performance of the individual securities within. BONDPAR splits the return into components that cannot be controlled by the manager (for example, interest rate environment) and components that can be … [Read more...]
Boning
Boning Excessively charging for an asset so that the expected price is over the actual value. … [Read more...]
Bonus Issue
Bonus Issue Also termed scrip issue, capitalization issue. Offer of additional shares at no charge to existing shareholders. Used as an alternative to increasing the dividend paid. … [Read more...]
Book Cash
Book Cash Also termed ledger cash. Cash balance of a firm according to its financial statements. … [Read more...]
Book Profit
Book Profit Total income in the books plus gains or losses from sale of the assets when SAT is terminated. … [Read more...]
Book Runner
Book Runner Underwriter designated for managing a new issue, who maintains the record of total sale of securities. … [Read more...]
Book Transfer
Book Transfer Transferring funds between deposit accounts held in the same financial institution. Eliminates check clearing float. … [Read more...]
Book Value
Book Value For a company, total assets less intangible assets and liabilities (for example, debt). Book value may differ from market value of the company. … [Read more...]
Book Value Per Share
Book Value Per Share Stockholder equity as compared with average number of common shares expressed as a ratio. Book value per share reflects accounting valuation and is not necessarily a true market value. … [Read more...]
Book Entry Securities
Book Entry Securities Changeover to a system where computerized records are held for all securities by the Fed in the names of all banks that are members. These banks hold records for the securities owned by them and those owned by their customers. Where book-entry has been in … [Read more...]
Bootstrapping
Bootstrapping Creation of a theoretical curve representing spot rates, basing yield of a maturity on yield projection for the previous one. … [Read more...]
Borrow
Borrow Receiving money on loan on basis of a promise or commitment to pay it back. … [Read more...]
Borrower Fallout
Borrower Fallout A kind of mortgage pipeline risk that potential borrowers of loans that are committed to be terminated may pull out of the contract. … [Read more...]