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Time Deposit
Stock Knowledge

Time Deposit

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  What is a Time Deposit  A time deposit is an interest-bearing bank deposit account that has a specified date of maturity, such as a certificate of deposit (CD). The funds ...

Transferor
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Transferor

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  What is a Transferor  The transferor is the party making a transfer to another party as part of a legal arrangement. Terms and conditions accompany the transfer to assure ...

Floating-Rate Note - FRN
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Floating-Rate Note - FRN

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  What is a Floating-Rate Note - FRN  A floating-rate note, also known as a floater or FRN, is a debt instrument with a variable interest rate. A floating rate note’s inte...

Working Capital Definition
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Working Capital Definition

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  What is Working Capital?  Working capital, also known as net working capital (NWC), is the difference between?a company’s current assets, such as cash, accounts receivab...

Portfolio Runoff
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Portfolio Runoff

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  What is Portfolio Runoff  Portfolio runoff is a decrease in the assets of a mortgage-backed securities portfolio due to the prepayment of the securities held in that portf...

Placement Agent
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Placement Agent

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  What is a Placement Agent  A placement agent is an intermediary who raises capital for investment funds. A placement agent can range in size from a one-person independent ...