direct access notes (DANs)


Financial instruments that are sold directly to the public by the issuing corporation. These can be in the form of equities or bonds and are a useful way to raise funds in tight credit markets. However, they can also be offered through broker-dealers.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
direct access broker direct access trading