Meaning DOCUMENTED DISCOUNT NOTES: Commercial paper backed by normal bank lines of credit plus a letter of credit from a bank stating that it will pay off the paper at maturity if the borrower defaults. Such paper is also referred to as L.O.C. paper
More terms such as Documented discount notes in Dictionary D.
- Definition Differential:
- Examples A small charge, typically 1/8 point, added to the purchase price and subtracted from the selling price by the dealer for odd-lot quantities documented discount notes definition.
- Definition Deutsche BÖRse AG (DBAG):
- Examples DBAG) is the operating company for the German cash and derivatives markets. It has four subsidiaries: Deutsche Börse Clearing AG, Deutsche Börse Systems AG, Frankfurter Wertpapierbörse (FWB), and the documented discount notes explain.
- Definition Depository Preferred:
- Examples Device enabling an issuer to circumvent an arbitrary corporate limit on the number of preferred shares issuable. Applies mainly to convertible securities documented discount notes what is.
- Definition Discrete Compounding:
- Examples Compounding the time value of money for separate time intervals documented discount notes meaning.
- Definition Debit Spread:
- Examples Applies to derivative products. Difference in the value of two options, when the value of the option bought exceeds the value of the one sold. One buys a debit spread. Antithesis of a credit spread documented discount notes abbreviation.
