plain vanilla

plain vanilla
Simple; not complex. Sometimes used to differentiate pass-through MBS pools from CMO structures. More often used to mean sequential-pay REMICs, the simplest REMIC structure. American Banker Glossary
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A term that refers to a relatively simple derivative financial instrument, usually a swap or other derivative that is issued with standard features. Bloomberg Financial Dictionary

* * *

   Standard financial or derivative instruments without special features.
   ► See also Exotic.

Financial and business terms. 2012.

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  • plain-vanilla — ˈ ̷ ̷  ̷ ̷ ˈ ̷ ̷  ̷ ̷ adjective : lacking in special features or qualities : basic * * * /playn veuh nil euh/, adj. Informal. having no embellishments, extra equipment, elaborate packaging, etc.; plain; simple; down to earth: I want a plain… …   Useful english dictionary

  • plain-vanilla — /playn veuh nil euh/, adj. Informal. having no embellishments, extra equipment, elaborate packaging, etc.; plain; simple; down to earth: I want a plain vanilla car without a lot of chrome trim. [in allusion to vanilla ice cream, taken to be the… …   Universalium

  • Plain Vanilla — The most basic or standard version of a financial instrument, usually options, bonds, futures and swaps. Plain vanilla is the opposite of an exotic instrument, which alters the components of a traditional financial instrument, resulting in a more …   Investment dictionary

  • plain vanilla —  Standard, ordinary. A product with few amenities is called a vanilla model. See also STRIPPEDDOWN.  ► “Many corporations, in fact, have stopped discussion of their risk management practices with outsiders, since they almost inevitably involve… …   American business jargon

  • plain-vanilla —  Ordinary, without any extras.  ► “Ultimately he was assigned to new product development helping KPMG escape its stigma as a plain vanilla financial statements auditor.” (Wall Street Journal, Jan. 19, 1996, p. B1) …   American business jargon

  • plain vanilla bond — UK US noun [C] FINANCE ► STRAIGHT BOND(Cf. ↑straight bond) …   Financial and business terms

  • Plain Vanilla — Vanilla bezeichnet: eine Pflanzengattung aus der Familie der Orchideen, siehe Vanille (Gattung) Sexpraktiken außerhalb des BDSM, siehe Vanilla (Sex) …   Deutsch Wikipedia

  • plain-vanilla — plain′ vanil′la adj. cvb inf having no embellishments; simple; basic • Etymology: alluding to vanilla ice cream, taken to be the most basic flavor …   From formal English to slang

  • Plain Vanilla Swap — The most basic type of forward claim that is traded in the over the counter market between two private parties, usually firms or financial institutions. There are several types of plain vanilla swaps, such as the plain vanilla interest rate swap …   Investment dictionary

  • plain-vanilla — adjective Date: 1975 lacking special features or qualities ; basic …   New Collegiate Dictionary

  • plain vanilla — alltäglich; publik; geläufig; öffentlich; vertraut; allgemein bekannt; gewohnt …   Universal-Lexikon

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