A fallen angel is a bond that was given investment-grade rating but has been reduced to junk bond due to the weakening financial condition of the issuer.
Trading Strategy
'Last mile' is a short geographical segment of communication delivery and media services or delivery of products to customers located in dense areas.
Profitability ratios are a class of financial metrics that are used to assess business's ability to create earnings relative to the revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a certain point in time.
Imputed value is an assumed value of an item when the actual value is not known or available.
Implied rate is the difference between the spot interest rate and the interest rate for the futures delivery date.
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