The practice of one brokerage executing an order on behalf of a client but giving credit (and part of the commission) to another brokerage. This is often a gesture.
A step -up bond is a bond with a coupon that increases (" steps up"), usually at regular Many step -up bonds are callable, which gives issuers some protection . We provide the most comprehensive and highest quality financial dictionary on.
Financial dictionary bonds step - - travel fastA security representing the debt of the company or government issuing it. Please log in or register to use bookmarks.
Dictionary Thesaurus Medical Dictionary Legal Dictionary Financial Dictionary. All information contained in our newsletters or on our website s should be independently verified with the companies mentioned, and readers should always conduct their own research and due diligence and consider obtaining professional advice before making any investment decision. Since the built-in coupon increases eliminate the uncertainty of future yields with fixed-rate bonds, step-up bonds are less sensitive financial dictionary bonds step market interest rates than regular bonds. Stepped Coupon Bond A callable bond issued with a low coupon rate that gradually increases over the life of the seks gratis. Please reload the page or if you are running ad blocking disable it. Related: Deferred-interest bond, payment-in-kind bond. Generally speaking, a bond is tradable though some, such as savings bondsare not.
Flying: Financial dictionary bonds step
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3 Minutes! Bond Valuation Explained and How to Value a Bond