Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Z-Bond

Updated on 2023-08-29T11:56:10.999344Z

Z-bond is a type of bond in the Z tranche of bonds in the structure of a standard Collateralized Mortgage Obligation (CMO) which receives payment last as it is the last portion of the debt security.