Banker's payment and Hybrid: Difference between pages
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A term used to describe a financial instrument which displays characteristics of both debt and equity. | |||
Such instruments might be designed to be an intermediate (or mezzanine) category of capital between equity and debt, or to have some of the risk absorbing characteristics of equity and, ideally, the tax efficiency of debt. | |||
== See also == | == See also == | ||
* [[ | * [[Convertible debt]] | ||
* [[ | * [[Mezzanine]] | ||
* [[Warrant]] | |||
[[Category: | [[Category:Long_term_funding]] | ||
Revision as of 09:18, 9 October 2013
A term used to describe a financial instrument which displays characteristics of both debt and equity.
Such instruments might be designed to be an intermediate (or mezzanine) category of capital between equity and debt, or to have some of the risk absorbing characteristics of equity and, ideally, the tax efficiency of debt.
