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Eurobonds

This refers to bonds issued or traded in a country which uses a currency other than the one in which the bond is denominated. Eurobonds relates to bonds in any non-native currency, despite its name it is not related to the Euro. Eurobonds is a term normally found in financial management and business economics.

Eurocurrency

This refers to funds deposited in a bank which are denominated in a currency different to the bank’s own domestic currency. Eurocurrencyrelates to funds in any non-native currency, despite its name it is not related to the Euro. Eurocurrency is a term normally found in financial management and business economics.

Eurocredit

This refers to credit provided in a currency other than the currency of the central bank of the lender. Eurocredit relates to credit in any non-native currency, despite its name it is not related to the Euro. Eurocredit is a term normally found in financial management and business economics.

International Capital Market

This refers to the financial systems which cross national boundaries and are involved in raising capital by dealing in shares, bonds, and other long-term investments. International Capital Markets are global markets for trading equity and debt instruments. they include both primary markets, where new stock and bond issues are sold to investors, and secondary markets,… Read more

AIM

This refers to the Alternative Investment Market regulated by the London Stock Exchange. AIM is less tightly regulated than the main stock exchange, with lesser requirements for levels of capitalisation or number of shares issued, making it more appealing for smaller or newer companies looking to raise equity investment. AIM is a term normally found… Read more

Yield Curve

This refers to the line plotting interest rates, at a point in time, of bonds which have equal credit quality, but differing maturity dates. Yield Curve is used as a benchmark against which to compare other debt facilities, e.g. mortgages, bank loan rates etc. The shape of the curve reflects the level of perceived risk… Read more

Bill of Exchange

This refers to a non-interest-bearing written order that binds one party to pay a fixed sum of money to another party at an agreed date in the future. A Bill of Exchange, also known as a Draft, can be transferred to a third party binding them to pay the original issuer. Bill of Exchange is… Read more

Mortgage

This refers to a debt secured against a property or real estate asset. Mortgages typically enable individuals and businesses to purchase property without paying the full price upfront. Also known as a lien against property, a mortgage is paid off, with interest, over time; when it is fully paid off the property’s ownership transfers to… Read more

Certificate of Deposit

This refers to a promissory note issued by a bank. Certificate of Deposits record the amount deposited, the term of the deposit and the rate of interest; they typically include penalties for early withdrawal of the deposit. Certificate of Deposit is a term normally found in financial management and business economics.

Bonds

This refers to a security for a loan of a fixed period at a fixed rate of interest. Bonds are typically used by companies, local and national governments to fund major projects. The credit standing of the borrower and the duration of the bond are used to determine the bond’s interest rate. Bonds is a… Read more