Definition from Wiktionary, the free dictionary
- (finance) Securities characterized by attributes of both fixed-income and equity securities.
1991, Andrew H. Chen; John W. Kensinger, Innovations in dequity financing:
- This book is the first to fully examine the many recent financial innovations that have blended the traits of debt and equity and created the hybrid security known as dequity.
1996, Ken Robbie; Mike Wright, Management buy-ins: entrepreneurship, active investors, and corporate restructuring, page 4:
- For example quasi-debt (or dequity) instruments, such as redeemable preference shares, carry obligations and incentives to perform in order that the shares may be repurchased
1996, Richard S. Wilson; Frank J. Fabozzi, Corporate bonds: structures & analysis, page 96:
- They can be designed with debt-like features so as to satisfy the Internal Revenue Service that they are debt instruments, not equity (or "debtquity" as some refer to junk bonds).
2005, Georgette Chapman Poindexter, Dequity: the blurring of debt and equity in secruitized real estate financing: