covered warrant — A financial instrument which gives the holder the right, but not an obligation, to buy or sell an underlying asset at a specified price during, or at the end of, a specified time period. Practical Law Dictionary. Glossary of UK, US and… … Law dictionary
Covered bond — Titrisation La titrisation est une technique financière qui consiste classiquement à transférer à des investisseurs des actifs financiers tels que des créances (par exemple des factures émises non soldées, ou des prêts en cours), en transformant… … Wikipédia en Français
Covered warrant — In finance a covered warrant (sometimes called naked warrant) is a type of warrant that has been issued without an accompanying bond or equity. Like a normal warrant it allows the holder to buy or sell a specific amount of equities, currency or… … Wikipedia
covered — A written option is considered to be covered if the writer also has an opposing market position on a share for share basis in the underlying security. That is, a short call is covered if the underlying stock is owned, and a short put is covered… … Financial and business terms
covered warrant — A call option on the shares of a company issued by a bank, where the bank has hedged its position in the underlying stock, usually by holding shares of the company in question. Dresdner Kleinwort Wasserstein financial glossary A security issued… … Financial and business terms
Covered Writer — An options seller who owns the underlying security represented by the options contract. A covered writer holds the underlying security as a hedge against the options contract. If the options contract is exercised, the covered writer can cover the … Investment dictionary
Obligation sécurisée — Les obligations sécurisées (en anglais : Covered bonds) sont des obligations couvertes par des crédits hypothécaires ou des créances du secteur public. Ils sont similaires sur plusieurs points aux actifs titrisés de type asset backed… … Wikipédia en Français
reference obligation — USA reference obligation, Also known as a covered obligation and commonly referred to as the ref ob . One or more debt instruments of the reference entity specified in a credit derivative confirmation such as a … Law dictionary
Constant Proportion Debt Obligation — A Constant Proportion Debt Obligation (or CPDO) is a type of credit derivative sold to investors looking for long term exposure to credit risk on a highly rated note. They employ dynamic leveraging in a similar (but opposite) way to Credit CPPI… … Wikipedia
call covered warrant — A covered warrant that gives the holder the right, but not the obligation, to buy the underlying at a future date and specified price. London Stock Exchange Glossary … Financial and business terms
