The use of borrowed money to increase investing power. The rate banks charge each other for short-term eurodollar loans. A measure of the ease and speed with which a security can be purchased or sold in the secondary market at a price that is reasonably related to its actual market value. The date when the principal amount of a security is payable. A security representing a direct interest in a pool of mortgage loans.
Mutual funds invest pooled cash of many investors to meet the fund's stated investment objective.
A bond that cannot be called for redemption by the issuer before its specified maturity date. The price at which a seller will sell a security. The price at which members of an underwriting syndicate for a new issue will offer securities to investors. The principal amount of a bond or note due at maturity. The amount by which the price of a security exceeds its principal amount.