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Financial Engineering |
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Financial engineering Combining or carving up existing instruments to create new financial products. Financial Engineering The process of creating a new investment vehicle. For example, one may create a new derivative by taking existing structures and altering them to mitigate risk and/or increase the return. One may also theoretically invent a completely new financial product from nothing. Financial engineering is often mathematically intensive, as a number of risks and other factors must be considered before the new product is marketable. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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7 million of bond anticipation notes issued in February 2004 to finance engineering and design work; and fund the water system debt service reserve fund. The five-year credit facility allows the firm to borrow short term funds and issue longer term letters of credit to finance engineering and construction projects worldwide. |
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