Exact(6)
Because Prudential planned to charge more than Friedman Billings, Prudential Securities plan would have cost the issuer, a California mortgage lender, about $600,000.
Even though fixed annuities can bring their issuer a lot of cash quickly, like bank deposits, they can also erode an insurer's capital faster than sales of other types of insurance.
Auction-rate securities are debt obligations of an issuer, a municipality or a closed-end fund, say, whose interest rates are set at regular auctions, typically occurring every seven days.
Once companies such as Visa or Mastercard have licensed their brands to a card issuer – a lender like, say, Barclays Bank – and to the merchant's bank, they fix the terms of the transaction agreement.
You may have to pay the issuer a security deposit, but it is a great way to help increase your credit score.
These credit cards (which should be available from most local banks and credit unions) work basically the same way as a collateral-secured loan — you give the credit issuer a certain amount of money, and in turn the credit issuer gives you a line of credit that you can spend as you please.
Similar(54)
Issuer: an institution, usually bank, that issued payment card to the Cardholder.
The judge, Lewis A. Kaplan of Federal District Court in Manhattan, said the practice "permits a long party to ambush an issuer with a holding far greater than 5 percent".
In these deals, investors buy a note issued by a special-purpose vehicle that contains a credit default swap referencing a debt issuer, like a government.
actually increased the amount of credit support required for an issuer to achieve a triple-A rating on commercial mortgage-backed securities.
"We're offering issuers a choice," Mr. Zandstra said in an interview.
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