payup

Payup

1. A swap for a security with a higher yield. For example, an investor may swap a bond with a certain face value and coupon for another bond with an equal face value but a higher coupon. One refers to the extra funds the investor yields from the higher coupon as a payup.

2. The additional money an investor needs in order to buy a security with a higher market value. For example, an investor may need payup money if he/she owns a bond, but wishes to buy another bond with a higher coupon rate.

payup

Additional funds required when an investor swaps a current holding for higher-value securities. For example, a person might swap low-interest bonds for higher-coupon bonds of equal face value but of higher market value.
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References in periodicals archive ?
I still haven't received a penny, despite the case going all the way to the High Court to try and force Rob to payup," said Mr Cox, who now lives in Norwich.
It reportedly emerged - thanks entirely to the investigations of ordinary players, who analysed thousands of hand histories and collated the information on various online poker forums - that a player called POTRIPPER (aka graycat, steamroller, doubledrag, payup, supercard55 and romnaldo) operating on AbsolutePoker.
Someone may suddenly refuse to payup or accuse you of wanting more than is rightfully yours.
Ministers want to target well-off dads who fail to payup.
Autospreader and Autotrader additions: Autospreader gives traders more control by providing them with the ability to dynamically freeze and unfreeze their working orders, adjust their payup ticks on the fly, create ratio spreads and display their spread prices in fractions.
An English-speaking member of staff there offered an appointment within 24 hours - if she could payup to pounds 3,150 in cash to have the abortion.
When Payup Becomes Payback: A University's Return on Instructional Technology Investment.
Credit offers live and die by payup performance, and it's the job of the billing series to obtain that payment.
As seen in Exhibit 6, using market TBA pricing and the adjusted model, we find that the market is clearly demanding more of a payup than can be justified on a theoretical basis for 7.
Ray, a soft touch with a bruised heart, tours area watering holes accompanied by friendly customer April (Katrin Cartlidge), who's a lot less shy about hitting up his friends for debt payup.
Newsmagazines generally have the highest payup, he adds, while Yellow Silk has the lowest.
And why not, in addition, keep track of a bank's payup rate and ease back on regulatory second-guessing in proportion to how well customers pay back the loans?