A type of loan that uses an investment portfolio as loan collateral and the proceeds of which can not be used to purchase, carry or trade securities. This type···

A record of financial activity that is suitable for a variety of users to properly assess the financial health of a company. An all-purpose financial statement···

1. Also referred to as a "bankruptcy-remote entity" whose operations are limited to the acquisition and financing of specific assets. The SPV is usually a subs···

A fund created by a closed-ended investment company that offers two classes of stock. Each class offers entitlements to either income or capital appreciation.···

This type of bond is used by municipalities to finance public works facilities and improvements. However, the vast majority of the benefit provided by the proj···

A type of municipal bond that is used to finance private rather than public facilities and projects. For example, the construction of a new airport could be fi···

A publicly-traded buyout company that raises money in order to pursue the acquisition of an existing company. SPACs raise blind pool money (most of which goes···