Meaning CROSS-DEFAULT: A provision under which default on one debt obligation triggers default on another debt obligation
More terms such as Cross-default in Dictionary C.
- Definition Cost Of Equity:
- Examples The required rate of return for an investment of 100% equity cross-default definition.
- Definition Conversion Feature:
- Examples Specification of the right to transform a particular investment to another form of investment, such as switching between mutual funds or converting preferred stock or bonds to common stock cross-default explain.
- Definition Corporation:
- Examples A legal entity that is separate and distinct from its owners. A corporation is allowed to own assets, incur liabilities, and sell securities, among other things cross-default what is.
- Definition Current Income:
- Examples Money that is routinely received from investments in the form of dividends, interest, and other income sources cross-default meaning.
- Definition Condor:
- Examples Applies to derivative products. Option strategy consisting of both puts and calls at different strike prices to capitalize on a narrow range of volatility. The payoff diagram takes the shape of a bird cross-default abbreviation.
