BONDS

Upgrade Definition Upgrade refers to the process of enhancing a system or software to a newer version or higher level of functionality. It involves making changes to the existing system to improve its performance, reliability, security, or other desired features. Here are the key aspects of an upgrade: Version: Moving from one version to a […]

Convertible Debenture A convertible debenture is a type of debt security that can be converted into common stock at a specified price, known as the conversion ratio. It is a hybrid security that has characteristics of both debt and equity securities. Key Features of Convertible Debentures: Debt: Convertible debentures are technically debt securities, so they […]

Repo Repurchase Agreement A repo repurchase agreement is a secured loan in which a bank lends money to another bank by pledging Treasury securities as collateral. It is a repurchase agreement (repo) for a specific security, typically Treasury bills. Explanation: Borrower: A bank that borrows money from another bank. Lender: A bank that lends money […]

Definition: Credit money is a type of money that is lent to individuals or businesses by banks and other financial institutions. It is not a physical currency but rather a debt that is recorded in the lender’s books. Main Features: Borrowed funds: Credit money is borrowed funds that are lent by banks or other lenders. […]

A fallen angel, a concept steeped in mythology and folklore, evokes a fascinating archetype. Here’s a breakdown of its meaning: Fallen Angel Definition: A fallen angel is a celestial being who was once part of heaven but is now banished due to a transgression. This often refers to a being who was once pure and […]

Sure, here is the definition of “above par”: Above par is a term used in sports and other competitive activities to describe performance that is better than the average or expected performance.