An agreement with a commitment by the seller (dealer) to buy a security back from the purchaser (customer) at a specified price at a designated

Security (such as a registered bond) whose owner’s name is registered with the issuer and does not have to present any coupon to receive interest

Real values are the actual values of something while nominal values are the stated values of something.

are debentures that allow holders to potentially receive the highest payment possible with respect to bond interest due and stock dividend payments that the issuer

A type of preferred stock that has no maturity date. The issuers of perpetual preferred stock will always have redemption privileges on such shares. Issued

Financial assets that are similar to shares. They are marketable securities which represent monetary contributions of an indefinite duration. They are regarded as shareholders’ equity

A transferable, signed document that promises to pay the bearer a sum of money at a future date or on demand. Examples include checks, bills

The issue premium is the overprice that the associates pay above the nominal value of a share, it is the difference between the share’s nominal

An interest-rate swap is a transaction between two so-called counterparties in which fixed and floating interest-rate payments on a notional amount of principal are exchanged

A single financial security that combines two or more different financial instruments. Hybrid securities, often referred to as “hybrids,” generally combine both debt and equity