CASH CLEARING ACCOUNT represents a clearing account for voided and reissued imprest cash checks. It is also used for miscellaneous corrections of imprest cash checks.
DEBENTURE is a corporate IOU that is not backed by the companys assets (unsecured) and is therefore somewhat riskier than a bond.
EXTENSION SWAP is selling one security and purchasing another security with a longer maturity date to improve yield.
Enter a term, then click the entry you would like to view.