Business and Personal Finance Dictionary

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• HIGH RISK DRIVER - If you have accidents or tickets on your driving record, many insurance companies wi...
  
  
• HIGH START LOAN - A loan where the initial repayments are high and decrease over the term of the loan.
  
  
• HIGH WATER LINE OR MARK - The highest point on the shoreline to which water in a lake, river, stream or...
  
  
• HIGH WITHHOLDING TAX INTEREST INCOME - Interest income that is subject to a foreign gross withholding t...
  
  
• HIGH YIELD - In the context of hedge funds, a style of management that focuses on low rated fixed incom...
  
  
• HIGH YIELD DEBT - debt issued via public offering or public placement (Rule 144A) that is rated below i...
  
  
• HIGH YIELD DEBT/JUNK BONDS - Fixed high rate tradeable debt which is usually unsecured.
  
  
• HIGH-COUPON BOND REFUNDING - Replace a high-coupon bond with a new, lower-coupon bond.
  
  
• HIGH-GRADE - A phrase used to describe investments with the highest quality ratings — usually AAA or AA...
  
  
• HIGH-GRADE BOND - A bond with Triple-A or Double-A rating in Standard & Poor's, or Moody's rating syste...