Subprime market

Definition:

Refers to the market for subprime loans, subprime mortgages and their securitized forms such as MBS, asset-backed securities, CDOs, etc.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Proxy Fight

Competition of outside group with management for stockholders' proxies in order to accumulate votes to elect a new board of directors.

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