Exchange Currency

PreTSL (Preferred Term Securities, Ltd.)

A proprietary collateralized debt obligation consisting of a bundle of diversified debt securities including preferred trust securities and senior debentures that provide protection against debtor defaults. Offered as marketable securities through the investment firm of Keefe, Bruyette and Woods.

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  1. What is PreTSL (Preferred Term Securities, Ltd.)? - InvestorWords.com
    Definition of PreTSL (Preferred Term Securities, Ltd.): A proprietary collateralized debt obligation consisting of a bundle of diversified debt securities including ...
     
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  4. What is proprietary? definition and meaning
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  6. What is debenture? definition and meaning
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  7. What is senior? definition and meaning
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  8. What is collateralized debt obligation? definition and meaning
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