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  2. Commercial paper - Wikipedia

    en.wikipedia.org/wiki/Commercial_paper

    Commercial paper, in the global financial market, is an unsecured promissory note with a fixed maturity of usually less than 270 days. In layperson terms, it is like an "IOU" but can be bought and sold because its buyers and sellers have some degree of confidence that it can be successfully redeemed later for cash, based on their assessment of the creditworthiness of the issuing company.

  3. Promissory note - Wikipedia

    en.wikipedia.org/wiki/Promissory_note

    A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or ...

  4. Coupon collector's problem - Wikipedia

    en.wikipedia.org/wiki/Coupon_collector's_problem

    In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more than t boxes need to be bought ...

  5. Power reverse dual-currency note - Wikipedia

    en.wikipedia.org/wiki/Power_reverse_dual...

    A power reverse dual-currency note ( PRDC) is a structured product where an investor is seeking a better return and a borrower a lower rate by taking advantage of the interest rate differential between two economies. The power component of the name denotes higher initial coupons and the fact that coupons rise as the foreign exchange rate ...

  6. Nvidia isn’t done soaring. BofA sees more upside with a $150 ...

    www.aol.com/finance/nvidia-isn-t-done-soaring...

    The BofA teams calls it "compelling" at "only" a P/E of around 30, based on the bull case earnings scenario of $5 per share. They note that quarterly earnings per share have grown six times, well ...

  7. Housing insurance is melting down in several property ... - AOL

    www.aol.com/finance/housing-insurance-melting...

    The first time a property floods, it’s an insurance problem, and maybe the second time, but after that, it’s an equity and debt problem.

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