Meaning SOUR BOND: A bond issue that has defaulted on interest or principal payments, and will thus trade at a large discount and a poor credit rating
More terms such as Sour bond in Dictionary S.
- Definition Swap Reversal:
- Examples An interest rate swap designed to end a counterparty's role in another interest rate swap, accomplished by counterbalancing the original swap in maturity, reference rate, and notional amount sour bond definition.
- Definition Share Repurchase:
- Examples corporation buys back its own shares in the open market. It is usually done when shares are undervalued. Since repurchase reduces the number of shares outstanding and thus increases earnings per sour bond explain.
- Definition Stock Ticker:
- Examples A letter designation assigned to securities and mutual funds that trade on U.S. financial exchanges sour bond what is.
- Definition Shareholders' Equity:
- Examples This is a company's total assets minus total liabilities. A company's net worth is the same thing sour bond meaning.
- Definition Senior Refunding:
- Examples Replacement by the issuer of securities with 5-to 12-year maturities with securities of 15-year or longer maturities, in order to delay, reduce, or consolidate payment sour bond abbreviation.
