Defeased securities are debt instruments backed by cash or low-risk assets, neutralizing their impact on the issuer's balance ...

Forbes contributors publish independent expert analyses and insights. You actually had to have this stuff in reserve to be a "national bank" in the United States. A one-hundred dollar Civil War ...

Financial debt, if left unchecked, can spiral out of control quickly. Simply making the minimum payments on a credit card or avoiding debt collectors doesn’t solve the root problem. Instead, interest ...