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GLOSSARY
SECURITY
- Accrued coupon
- Bond
- Book-entry
- Competitive auction
- Coupon
- Debt line
- Exchange
- Explicit yield
- Fungibility
- Implicit yield
- Interest
- Issuance
- Issuing at a discount
- Letra
- Liquidity
- Management Institution
- Maturity
- Nominal (or face) value
- Primary market
- Principal
- Redemption of a Security
- Redemption value
- Repo
- Return
- Secondary market
- Security
- Sell-buybacks
- Stripping
- Strips
- Tranches (issuance in)
- Zero-coupon bond
The legal concept referring to the set of financial rights attached to a document (a physical security) or to a specific accounting entry (securities held in book-entry form). Securities are easily transferable.