Unit
A security that consists of two or more securities sold in combination to achieve a particular financial result, generally a financial result that is difficult to structure into a single security. A common example is a unit consisting of one security that provides for protection of principal and an interest component (such as subordinated debt or redeemable preferred stock) combined with a different security that has the potential for equity appreciation based on the success of the business, such as options, warrants, or common stock.
- 词性: proper noun
- 行业/领域: 金融服务
- 类别
0
Other terms in this blossary
创建者
- kirb
- 100% positive feedback