Created by: kirb
Number of Blossarys: 2
State securities laws. A company selling securities must comply with the securities laws of all states in which the company offers or sells securities.
Shares of preferred stock that have been authorized (but not issued) by a company, but the specific rights and preferences of which have not yet been fixed. The board of directors can establish the ...
A product that is being tested by potential customers prior to being formally launched into the marketplace.
A measure of volatility of a public stock relative to an index or a composite of all stocks in a market or geographical region. A beta of more than one indicates the stock has higher volatility than ...
An offering in which the underwriter has no obligation to purchase any securities not sold. The underwriter's commitment is limited to using its best efforts to sell as many securities as possible at ...
One one-hundredth (1/100) of a percentage unit. For example, 50 basis points equals one half of one percent. Banks quote variable loan rates in terms of an index plus a margin and the margin is often ...
A relatively large principal payment due at a specific time as required by a lender.