Variable Coupon Renewable Note - VCR

Dictionary Says

Definition of 'Variable Coupon Renewable Note - VCR'

A renewable fixed income security with variable coupon rates that are periodically reset. A Variable Coupon Renewable Note is a type of debt security with a weekly maturity. The principal of this security is reinvested automatically at new interest rates, every week it matures. 
Investopedia Says

Investopedia explains 'Variable Coupon Renewable Note - VCR'

Usually the coupon is set on a weekly basis at a fixed spread over the T-bill rate. The security is reinvested automatically, continuously, until the owner of the security requests that the security is no longer reinvested. The initial rate of this security is linked to the T-bill rate, which is backed by the full faith and credit of the U.S. government. T-bills have a maturity of one year or less.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Variable Rate Demand Note - VRDN

    A debt ...
  2. Treasury Note

    A marketable ...
  3. Treasury Bill - T-Bill

    A short-term ...
  4. Fixed-Income Security

    An investment ...
  5. Coupon Bond

    A debt ...
  6. Maturity

    The period of ...
  7. Agency Bond

    A bond issued by ...
  8. Convertible Arbitrage

    An investing ...
  9. Liquidation

    1. When a ...
  10. Canada Savings Bond - CSB

    A financial ...

Articles Of Interest

  1. How To Create A Modern Fixed-Income Portfolio

    Exposure to different asset classes is required to generate income, reduce risk and beat inflation. Find out how bonds can help.
  2. Introduction To Inflation-Protected Securities

    Inflation is an enemy to investors - except to those who invest in IPS, which guarantee a real rate of return with no credit risk.
  3. Principal-Protected Investments: Risks, Fees And Regulations

    Discover if these instruments hit the right note for you.
  4. 5 Money-Saving Shopping Tips

    Reducing the amount you spend is the easiest way to make your money grow.
  5. Advanced Bond Concepts

    Learn the complex concepts and calculations for trading bonds including bond pricing, yield, term structure of interest rates and duration.
  6. This Is Your Brain On Stocks

    Find out how the human mind can hurt investors' portfolios.
  7. Should You Invest Your Entire Portfolio In Stocks?

    It is true that stocks outperform bonds and cash in the long run, but that statistic doesn't tell the whole story.
  8. 5 Tips For Diversifying Your Portfolio

    A diversified portfolio will protect you in a tough market. Get some solid tips here!
  9. 5 Popular Portfolio Types

    Learning how to build these portfolios will increase your investing confidence and give you financial control.
  10. How To Invest When You're Deep In Debt

    Debt is one of the biggest obstacles that prevents people from investing - but it shouldn't be.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center