- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A rating of municipal securities, that uses market factors rather than credit considerations to find appropriate yields.
Industry:Financial services
Sale of a large amount of stock by a company that is the target of a takeover bid to a friendly party at below-market prices, so that the raider is forced to buy more of highly priced shares to accomplish the takeover.
Industry:Financial services
A contract with both insurance and investment components: (1) It pays off a stated amount upon the death of the insured, and (2) it accumulates a cash value that the policyholder can redeem or borrow against.
Industry:Financial services
A term that distinguishes an investment representing an original mortgage loan from a loan representing a participation with one or more lenders.
Industry:Financial services
The purchasing of loans originated by others, for the acquisition of the servicing rights.
Industry:Financial services
An underwriter or a broker-dealer who trades with other broker-dealers, rather than with the retail investor.
Industry:Financial services
A subsidiary whose parent company owns virtually 100% of its common stock.
Industry:Financial services
A nickname for the Washington Public Power Supply System, which in the 1970s raised billions of dollars through municipal bond offerings, the projects that never materialized. WPPSS defaulted on the payments to bondholders.
Industry:Financial services
Come from when issued. Treasury bills trade on a WI basis between the day they are auctioned and the day settlement is made. Bills traded before they are auctioned are said to be traded WI WI
Industry:Financial services
