Payment Schedule

	Payment Schedule The payment schedule of financial instruments defines the dates at which payments are made by one party to another on for example a bond or derivative. It can be either customised or parameterised. Parameterised Schedule The schedule is generated based on a set of rules and market conventions to define the frequencies of the payments. These parameters include: Payment Frequency (Annually, Semi Annually, Quarterly, Monthly, Weekly, Daily, Continuous) Payment Day - Day of the month the payment is made Date rolling - Rule used to adjust the payment date if the schedule date is not a Business Day A business day means any day except any Saturday, any Sunday, or any day which is a legal holiday or any day on which banking institutions are authorized or required by law or other governmental action to close. The definition of a business day ... Start Date - Date of the first Payment * End Date - Also known as the Maturity date. The date of the last payment Customised Schedule T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Financial Instruments Financial instruments are monetary contracts between parties. They can be created, traded, modified and settled. They can be cash (currency), evidence of an ownership interest in an entity or a contractual right to receive or deliver in the form of currency (forex); debt ( bonds, loans); equity ( shares); or derivatives ( options, futures, forwards). International Accounting Standards IAS 32 and 39 define a financial instrument as "any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity". Financial instruments may be categorized by "asset class" depending on whether they are equity-based (reflecting ownership of the issuing entity) or debt-based (reflecting a loan the investor has made to the issuing entity). If the instrument is debt it can be further categorized into short-term (less than one year) or long-term. Foreign exchange instruments and transactions are neither debt- nor equity-based and belon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Bond (finance) In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Derivative (finance) In finance, a derivative is a contract that ''derives'' its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and is often simply called the "underlying". Derivatives can be used for a number of purposes, including insuring against price movements ( hedging), increasing exposure to price movements for speculation, or getting access to otherwise hard-to-trade assets or markets. Some of the more common derivatives include forwards, futures, options, swaps, and variations of these such as synthetic collateralized debt obligations and credit default swaps. Most derivatives are traded over-the-counter (off-exchange) or on an exchange such as the Chicago Mercantile Exchange, while most insurance contracts have developed into a separate industry. In the United States, after the financial crisis of 2007–2009, there has been increased pressure to move derivatives to trade on exchanges. Derivatives are one of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Date Rolling Date or dates may refer to: Date (fruit), the fruit of the date palm (''Phoenix dactylifera'') Social activity Dating, a form of courtship involving social activity, with the aim of assessing a potential partner *Group dating Play date, an appointment for children to get together for a few hours * Meeting, when two or more people come together Chronology Calendar date, a day on a calendar * Old Style and New Style dates, from before and after the change from the Julian calendar to the Gregorian calendar ** ISO 8601, an international standard covering date formats Date (metadata), a representation term to specify a calendar date DATE command, a system time command for displaying the current date Chronological dating, attributing to an object or event a date in the past *Radiometric dating, dating materials such as rocks in which trace radioactive impurities were incorporated when they were formed Arts, entertainment and media Music Date (band), a Swedish dansb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Business Day A business day means any day except any Saturday, any Sunday, or any day which is a legal holiday or any day on which banking institutions are authorized or required by law or other governmental action to close. The definition of a business day varies by region. It depends on the local workweek which is dictated by local customs, religions, and business operations. For example, in the United States and much of the Western world, they are typically Monday through Friday from 9a.m. to 5p.m. By contrast, for many eastern countries such as Japan, the normal business day is Monday through Friday from 8:30a.m. to 7p.m. The length of a business day varies by era, by region, by industry, and by company. Prevalent norms have included the 8-hour day and the 10-hour day, but various lengths, from 4 to 16 hours, have been normal in certain times and places. Business days are commonly used by couriers when determining the arrival date of a package. If a courier ships a parcel on a Thursday ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]