REGISTERED BONDS are bonds for which the names and addresses of the bondholders are kept on file by the issuing company.
HIGH YIELD (JUNK) is bonds and preferred stocks having an S&P/Moody's rating of BB+/Ba1 or lower, and NAIC ratings of"3", "4", "5", or "6". Below investment grade securities have greater risk and therefore compensate investors with higher market yields. In addition to new issues, high yield securities can evolve from older issues with declining ratings, or can be created through leveraged buyouts where management uses the assets of the company as collateral for the issue.
SIPS is an acronym for Secure Internet Payment Service (e.g., Cybercash).
Enter a term, then click the entry you would like to view.