Defeased securities are debt instruments backed by cash or low-risk assets, neutralizing their impact on the issuer's balance sheet. Learn how this process lowers credit risk.

Discover the differences between collateralized mortgage obligations (CMOs) and collateralized debt obligations (CDOs), key ...

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 ...

Breaking down the national debt. Every year, the United States government spends money on programs and services like Social Security and healthcare while receiving revenue through methods like federal ...