Dual Listing
What is Dual Listing? Dual listing is when a particular security is listed on more than one exchange. DLC is a commonly used abbreviation for dual-listed companies. A dual-listed company is made up of more than one legally registered corporation that operates as a single business. Barrick Gold is an example of a...
Euro Medium-Term Notes (EMTNs)
What are Euro Medium-Term Notes (EMTNs)? Euro medium-term notes, or EMTNs, are unsecured debt instruments that mature in five to 10 years. They are usually issued in countries that deal with euro currencies. Euro currency is a type of currency that is held outside of the country of origin. EMTNs provide investors with an opportunity...
Escrow Agreement
What is an Escrow Agreement? An escrow agreement refers to a contract that outlines the terms and conditions of a transaction for something of value – such as a bond, deed, or asset – which is held by a third party until all conditions have been met. The terms and conditions outlined in the agreement...
Kiwi Bond
What is a Kiwi Bond? A Kiwi bond is a type of investment that is issued by the New Zealand government and is only offered to New Zealand residents. It is a type of debt security issued by the New Zealand Debt Management Office on behalf of the government. An investor can purchase Kiwi bonds...
Emerging Market Economy
What is an Emerging Market Economy? An emerging market economy refers to a country that is in the process of developing its economy to become more advanced. It generates low to middle per capita income and is rapidly expanding due to high production levels and significant industrialization. Emerging market economies make up 80% of the...
