Letter of credit. A commitment, usually issued by a bank, used to guarantee the payment of principal and interest on debt issues. The LOC is drawn if the issuer is unable to make the principal and/or interest payments on a timely basis.
Short Against the Box
Staking
Smart Contracts
Integration
Registered Direct
Market Maker
Funding Portal
Shell Company
Bought Deal
Bad Actor
Anchor Investor
Soft Dollars
Death Spiral
Fire Sale
Refreshing the Shoe
Haircut
Token
Backdoor IPO
