HomeDefinitionsCompareDebt Liquid yield option note (LYON)The financial definition for Liquid yield option note (LYON):Zero-coupon, callable, putable, convertible bond developed by Merrill Lynch & Co. Similar MatchesAccounting liquidityAccounting liquidityThe ease and quickness with which assets can be converted to cash. IlliquidIlliquidIn the context of finance. absence of cash flow needed to fulfill financial debts and meet obligations. In the context of investments, describes a lightly traded investment such as a stock or bond that is not easily converted into cash. Involuntary liquidation preferenceInvoluntary liquidation preferenceA premium that must be paid to preferred or preference stockholders if the issuer of the stock is forced into involuntary liquidation. Further SuggestionsLiquid assetLiquid market Liquidating dividend Liquidation value Liquidity diversification Liquidity Fund Liquidity preference hypothesis Click to compare definitions of Liquid yield option note (LYON) Click to view definitions beginning li |