Capital Note
Capital notes are several types of securities. "Capital note" has a number of meanings, as it can be either an equity security, a debt security or a form of security used in structured finance. In all cases, the use of the term "capital" is to denote that the security is relatively junior in the issuing corporation's order of priorities in claims for its assets.
Read more about Capital Note: Convertibles, Bonds, Structured Finance
Famous quotes containing the words capital and/or note:
“We make needless ado about capital punishment,—taking lives, when there is no life to take.”
—Henry David Thoreau (1817–1862)
“Poor old Jonathan Bing
Went home and addressed a short note to the King:
If you please will excuse me
I won’t come to tea;
For home’s the best place for
All people like me!”
—Beatrice Curtis Brown (1901–1974)