Capital Markets

Unsecured Note

What is an Unsecured Note? An unsecured note is basically a debt instrument or a loan that is not secured (covered by collateral) by the assets of the issuer of the note. An unsecured note is typically a corporate debt obligation. In the spectrum of finance and investment, a note is primarily a legal financial...

Keynesian Put

What is a Keynesian Put? Keynesian put is the anticipation that the government will stimulate the economy through fiscal policy. The government is expected to spend money to continue to grow the economy. In 2016, the term was invented by analysts at the Bank of America Merrill Lynch as a reference to both the Keynesian...

European Option

What is a European Option? A European option is a type of options contract where the buyer or seller is able to execute the option only at its expiration date. Although it includes “European” in its name, the option is not related to any geographic location. Instead, different kinds of options contracts mean that there...

Safe Haven

What is a Safe Haven? A safe haven is a term that refers to an investment that is anticipated to maintain or increase in value during times of economic downturn. Such investments are believed to be a safe option for investors, as they are not correlated to the economy – meaning that a financial crisis...

Korean Composite Stock Price Index (KOSPI)

What is the Korean Composite Stock Price Index (KOSPI)? The Korean Composite Stock Price Index (KOSPI) is a group of indexes that track the stock exchange in South Korea. It was previously named the Korea Stock Exchange. Just as the NASDAQ Composite Index and the S&P 500 Index are representative stock market indexes in the...
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