dequity

English

Alternative forms

• debtquity

Etymology

Blend of debt +‎ equity

Noun

dequity (uncountable)

1. (finance) Securities characterized by attributes of both fixed-income and equity securities.
   • 1991, Andrew H. Chen with John W. Kensinger, Innovations in dequity financing:

     This book is the first to fully examine the many recent financial innovations that have blended the traits of debt and equity and created the hybrid security known as dequity.

   • 1996, Ken Robbie with Mike Wright, Management buy-ins: entrepreneurship, active investors, and corporate restructuring, page 4:

     For example quasi-debt (or dequity) instruments, such as redeemable preference shares, carry obligations and incentives to perform in order that the shares may be repurchased

   • 1996, Richard S. Wilson with Frank J. Fabozzi, Corporate bonds: structures & analysis, page 96:

     They can be designed with debt-like features so as to satisfy the Internal Revenue Service that they are debt instruments, not equity (or "debtquity" as some refer to junk bonds).

   • 2005, Georgette Chapman Poindexter, Dequity: the blurring of debt and equity in secruitized real estate financing:

See also

• High-yield debt on Wikipedia.Wikipedia