Letter of credit. A commitment, usually issued by a bank, used to guarantee the payment of principal and interest on debt issues. The LOC is drawn if the issuer is unable to make the principal and/or interest payments on a timely basis.
Direct Listing
Crossover Round
Non-Fungible Token (NFT)
Token
Bad Actor
Wall Cross
Fungible Token
Crowdfunding
Market Maker
Bitcoin ETFs
Smart Contracts
Hash/Cryptographic Hash Function
Shell Company
Funding Portal
Shadow Banking
Soft Dollars
Reverse Merger
Backdoor IPO
