Hybrid and Indenture: Difference between pages

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imported>Doug Williamson
(Update 3rd definition.)
 
imported>Doug Williamson
(Add second definition. Source: Oxford English Dictionary.)
 
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1.
1. ''Borrowings documentation.''


Hybrid is a term used to describe a financial instrument which displays characteristics of both debt and equity.
Bond indenture.


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.


These are 'hybrid' financial instruments.
2.
 
 
2. ''Tax''.
 
The term 'hybrid' can also refer to an entity which is treated differently for tax purposes in different tax jurisdictions.
 
 
3. ''Green finance - greener technology''.
 
The use - in a single system - of both traditional and greener technologies.
 
For example, vehicles that can run either on electric batteries or more traditional fuels such as petrol or diesel.
 
 
4.
 
More broadly, any structure, instrument or entity with mixed, or intermediate, characteristics between two or more other, simpler or standardised structures.
 
 
:<span style="color:#4B0082">'''''Intra-day net settlement'''''</span>
 
:"There are two basic ways that domestic clearing systems settle:
 
 
:* end-of-period net settlement; and
:* real-time gross settlement.
 
 
:A third option is a hybrid of these two: intra-day net settlement. This is practised by a number of systems, such as the US Clearing House Inter-bank Payment System (CHIPS) and the Faster Payments Scheme in the UK."
 
:''Payments and payment systems - the Treasurer's Wiki.''


More generally, a legal agreement, contract or document.




== See also ==
== See also ==
* [[Clearing House Interbank Payment System]]
* [[Bond indenture]]
* [[Convertible debt]]
* [[Contract]]
* [[Faster Payments Scheme]]
* [[Documentation]]
* [[Green finance]]
* [[Hybrid debt]]
* [[Hybrid clearing and settlement systems]]
* [[Hybrid cloud]]
* [[Hybrid entity]]
* [[Hybrid mismatch arrangement]]
* [[Hybrid pension scheme]]
* [[Mezzanine]]
* [[Payments and payment systems]]
* [[Preference shares]]
* [[Settlement]]
* [[Warrant]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Long_term_funding]]

Revision as of 09:55, 7 August 2019

1. Borrowings documentation.

Bond indenture.


2.

More generally, a legal agreement, contract or document.


See also