Pickup bond
Definition
A bond with a relatively high coupon that is close to the date at which it is callable, meaning that a fall in interest rates will most likely cause early redemption of the bond at a premium.
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Getting Started In Stocks
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The NASDAQ Dozen
Learning Markets
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The 10 Commandments Of Investing
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The Lowdown On Penny Stocks
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10 Things To consider Before Selecting An Online Broker
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Start Investing With Only $1,000
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Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
Term of the Day
Market check
An investigation typically conducted by an investment banking firm, on behalf of a target's Board of Directors (or Special Committee) as part of a process to determine whether a proposed price for... Read More
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