Finance

Securities that are secured by a pool of loans are collateralized loan obligations (CLO). Securitization is called the method of pooling assets into marketable security.…

A line of credit (LOC) is a preset cap for borrowing that can be used at any time. In fact, LOC is a convenient and…

The term collateral is an asset or property that is provided as protection for a loan by a person or organization to a lender. The…

A takeover bid refers to the acquisition by another business (the acquirer) of a firm (the target). The business that makes the offer is known…

Non-Redeemable Preference Shares are a type of preferred stock shares that do not include a callable feature. These shares are referred to as shares that…

Redeemable Shares are Such preference shares that can be claimed after a fixed period or after giving due notice. Redeemable preference shares are referred to…

For deals that do not close, a dead deal cost is a cost incurred by a buyer and/or seller. It refers to merger and acquisition…

A shareholder rights plan usually referred to as a “poison pill”, refers to a defensive tactic used by a target company to avoid or deter…

The listing requirements include various criteria and minimum standards set by stock exchanges, such as the New York Stock Exchange, for the purpose of allowing…

Trading of shares between two counterparties conducted outside formal exchanges and without the oversight of an exchange regulator is over-the-counter (OTC) or off-exchange trading. The…

In financial modeling, a depreciation schedule or chart is necessary to forecast the value of the fixed assets of a business (balance sheet), depreciation cost…

Non-convertible Preference Shares Non-convertible preference share means the share will not be converted into equity shares but will be redeemed as preference share only. The…