coco

(redirected from Contingent Convertible)
Also found in: Thesaurus, Financial, Encyclopedia.

coco

coconut or coconut palm
Not to be confused with:
coca – a South American tree with leaves that contain cocaine
cocoa – powder made from cacao seeds, a hot drink made from cocoa powder and milk
Abused, Confused, & Misused Words by Mary Embree Copyright © 2007, 2013 by Mary Embree

Co·co

 (kō′kō)
A river rising in northern Nicaragua and flowing about 485 km (300 mi) northeast along the Nicaragua-Honduras border to the Caribbean Sea.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

coco

(ˈkəʊkəʊ)
n, pl -cos
(Plants) short for coconut, coconut palm
[C16: from Portuguese coco grimace; from the likeness of the three holes of the nut to a face]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

co•co

(ˈkoʊ koʊ)

n., pl. -cos.
[1545–55; < Portuguese: grimace]

Co•co

(ˈkoʊ koʊ)

n.
a river rising in N Nicaragua and flowing NE along the Nicaragua-Honduras border to the Caribbean Sea. ab. 300 mi. (485 km) long. Also called Segovia.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.coco - tall palm tree bearing coconuts as fruitscoco - tall palm tree bearing coconuts as fruits; widely planted throughout the tropics
cocoanut, coconut - large hard-shelled oval nut with a fibrous husk containing thick white meat surrounding a central cavity filled (when fresh) with fluid or milk
palm tree, palm - any plant of the family Palmae having an unbranched trunk crowned by large pinnate or palmate leaves
Cocos, genus Cocos - coconut palms
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
The firm has become the first in the nation to issue foreign currency-denominated contingent convertible bonds that meet Basel III capital requirements.
KARACHI -- Dubai Islamic Bank Pakistan Limited (DIBPL) announced the successful issuance of fully paid up, rated, perpetual, unsecured, subordinated, non-cumulative and contingent convertible and privately placed Mudarabah Sukuk Certificates.
LAHORE -- Dubai Islamic Bank Pakistan Limited (DIBPL) announced the issuance of fully paid up, rated, perpetual, unsecured, subordinated, non-cumulative and contingent convertible and privately placed Mudarabah Sukuk Certificates.
The Bank's first ever additional Tier-1 Capital was issued in the current period, in the form of listed, perpetual, unsecured, subordinated, non-cumulative and contingent convertible debt instruments.
Investors who bought contingent convertible bonds issued by Bank of Cyprus and Cyprus Popular Bank in the years preceding the 2013 banking crisis, lost e1/41.5 billion when they were converted into equity.
London: Fitch Ratings said the issuance of additional Tier 1 (AT1) and contingent convertible instruments during the first months of 2018 was boosted by established UK and Swiss issuers, who managed to carry out their refinancing plans despite increased market volatility.
MBL is in the process of issuing Pakistan's first privately placed/ OTC Listed, perpetual, unsecured, subordinated, non-cumulative and contingent convertible Shariah compliant Sukuk amounting up to Rs 7 billion.
ADDITIONAL tier-1 (AT1) or contingent convertible bonds (CoCos) were designed in the wake of the 2008 global financial crisis to provide sufficient capital to banks, reduce their risk of failure and ensure that investors rather than taxpayers bear the costs of rescuing a failing lender.
The old adage applies to the banking and finance industry and there is no better instrument to illustrate this adage than the volatile contingent convertible bond.
For the purposes of augmenting its capital base, the Bank is in process of issuing its first ever additional Tier-1 Capital instrument in the form of listed, perpetual, unsecured, subordinated, non-cumulative and contingent convertible debt instruments.
"DGB Financial Group plans to fund the deal with a mix of contingent convertible bonds and corporate bonds which will increase the debt at the holding company," Moody's said in a statement.