Positive Carry
The condition whereby a portfolio after financing considerations still generates a positive income. |
Similar financial terms
Positive covenant (of a bond)A bond covenant that specifies certain actions the firm must take. Also called an affirmative covenant.
Positive convexity
A property of option-free bonds whereby the price appreciation for a large upward change in interest rates will be greater (in absolute terms) than the price depreciation for the same downward change in interest rates.
Cash and carry
Purchase of a security and simultaneous sale of a future, with the balance being financed with a loan or repo.
Carrying Broker
A member of a commodity exchange, usually a futures commission merchant, through whom another broker or customer elects to clear all or part of its trades.
