Half Stock

• Par value is the price at which the bond was issued, also known as its face value.

• A debt/equity swap involves an exchange of capital for debt in order to write off money owed to creditors.

• Decoupling is when the performance of an asset class that has been correlated with other assets in the past no longer changes in line with expectations.

• A rating is a rating tool assigned by an analyst or rating agency to a stock or bond.

• An increase refers to a positive change in an analyst’s view of the valuation of a particular security, based primarily on an improvement in that security’s fundamentals.

• 30-year Treasury bonds are bonds issued by the US government with a maturity of 30 years.

• The highest possible rating a bond can receive is AAA, which is awarded only to those bonds that demonstrate the highest level of creditworthiness.

• Accrued interest is a characteristic of accrual accounting and follows revenue recognition guidelines and accounting matching principles.

• The adjusted closing price changes the closing price of a share to reflect the value of that share after accounting for any corporate action.

• Federal government bonds and government-sponsored corporate bonds pay slightly higher interest rates than US Treasury bonds.

Allocation is the systematic distribution of business resources between different entities and over time.#

• Alphabet shares are shares of a publicly traded company that have different classes of shares, commonly referred to as “.A shares” or “.B shares”.

• An amortizing bond is a type in which each payment goes towards both interest and principal.

• Anti-dilution clauses are clauses built into convertible preferred shares to help protect investors from their investments that could lose value.

• BAT stock is an acronym used to refer to China’s top three technology companies: Baidu Inc., Alibaba Holding Group Ltd. and Tencent Holdings Ltd.

• A baby bond is a bond with a par value of less than $1,000.

• A backstop is the act of providing extreme assistance or security in an offering of securities to an unsubscribed portion of the shares.

• The Bank Note Swap Rate (BBSW) is a short-term interest rate used as a benchmark for valuing Australian dollar derivatives and securities, primarily floating rate bonds.

• The basic materials sector consists of companies involved in the exploration, development and processing of raw materials.

• A basis point is a standard measure of interest rates and other percentages in finance. – One basis point is equal to 1/100th of 1%, or 0.01% (and 0.0001 in decimal).

• A bearer bond is a physical certificate with coupons attached that is used to pay off interest payments.

• Bearer shares are unregistered equity securities owned by the owner of the physical shares documents. The issuing company pays dividends to holders of physical coupons.

• A bid guarantee is a legal agreement that guarantees that contractors will fulfill their stated obligations for the project.

• Treasury bills are issued through an electronic bill auction held by the government every week.

• Bioremediation is a branch of biotechnology that uses living organisms such as microbes and bacteria to decontaminate affected areas.