Investment Instruments

Eurodollar Certificate of Deposit
A Eurodollar Certificate of Deposit (CD) is a CD issued by banks outside the United States, primarily in Europe, where both the interest and principal are paid in U.S. dollars. Eurodollar CDs usually have minimum denominations of $100,000 and maturities of less than two years.
Property Investment Certificate (PINC)
A Property Investment Certificate (PINC) is a financial tool or instrument that represents an individual's or entity's ownership in real estate investments, allowing for diversified exposure to property markets.
Real Estate Mortgage Investment Conduit (REMIC)
A Real Estate Mortgage Investment Conduit (REMIC) is a special purpose vehicle (SPV) designed to pool mortgage loans and issue mortgage-backed securities (MBS).

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.