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Certificate of accrual on treasury securities (cats)
Глоссарий экономических терминов |
Refers to a zero-coupon us treasury issue that is sold at a deep discount from the face value and pays no coupon interest during its lifetime, but returns the full face value at maturity.
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Earn-out, английский
Refers to an additional payment in a merger or acquisition that is not part of the original acquisition cost, which is based on the acquired company`s future earnings relative to a level determined by the merger agreement.
When issued (w.i.), английский
Refers to a transaction made conditionally, because a security, although authorized, has not yet been issued. treasury securities, new issues of stocks and bonds, stocks that have split, and in-merger situations after the time the proxy has become effective but before completion are all traded on a when-issued basis. with ice.
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