Cisi Introduction To Securities And Investment Exam

Repayment mortgage {Ans: Mortgage in which the borrower will make monthly payments to the lender comprising of both interest and capital.}Non-Investment Grade Bond {Ans: Anything below Moody's Baa and BBB for S&P or Fitch.}Benefit of a capped mortgage? {Ans: Protects borrowers from rising interest rates above a certain amount.}Restricted advice {Ans: Giving advice on a firm's own products}Put provision {Ans: Gives the bondholder the right to require the issuer to redeem/pay back the bond early on a specific date.}Capital Account {Ans: The capital account records international capital transactions related to investment in business, real estate, bonds and stocks. eg fdi}