法律英语词汇“NEGATIVE CONVEXITY”的翻译、意思、用法、释义-法律词典

单词	NEGATIVE CONVEXITY
释义	Callable bonds’ principal is returned (1) before maturation in a declining interest rate environment or (2) after maturation in a rising interest rate environment. The first situation may require reinvesting the principal at prevailing lower interest rates as a call risk. The second situation may realize a lost opportunity to earn prevailing higher interest rates as an extension risk.
随便看	HIGH DILIGENCE HIGHER AND LOWER SCALE HIGHEST AND BEST USE HIGHEST COURT HIGHEST-IN, FIRST-OUT HIGH FLYER HIGH-FREQUENCY TRADING HIGH INVOLVEMENT PRODUCT HIGH LEVEL LANGUAGE HIGHLIGHT REPORT HIGH-LOW METHOD HIGHLY COMPENSATED EMPLOYEE HIGHLY LEVERAGED TRANSACTION HIGHLY PROTECTED RISK HIGHLY TOXIC HIGH MINUS LOW HIGHNESS HIGH NET-WORTH INDIVIDUAL HIGH-PRESSURE TACTICS HIGH PRICE STRATEGY HIGH RISK FOOD HIGH SEAS HIGH SEAS HIGH-SPEED DIGITAL SUBSCRIBER LINE HIGH-SPEED DIGITAL SUBSCRIBER LINE VERSION 2

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