- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
A printed document that summarizes a corporation's registration statement for a new issue of non-exempt securities that was filed with the SEC. It details material information about the corporation and the security being issued. A final prospectus must be given to all buyers of initial public offerings and other new issues. A preliminary prospectus is given to investors when brokers obtain indications of interest for an initial public offering. Although the document does not have all the information included in the final prospectus, it does include the major facts. A preliminary prospectus is often called a "red herring" because its front-page notice is printed in red ink. The notice states that the preliminary prospectus is "subject to completion or amendment" and "shall not constitute an offer to sell."
Related to Mutual Funds: The official document that describes a mutual fund.
Related to Equities: The official document that describes an equity.
Industry:Financial services
The first purchase of a specific fund in an account.
Industry:Financial services
The symbol of the option contract subject to being purchased or sold.
Industry:Financial services
The amount an uncovered (naked) option seller (writer) is required to deposit and maintain to cover his or her daily position valuation and reasonably foreseeable intraday price changes. See Margin Tutorial Merrill Lynch Direct Margin Tutorial. Note: Options involve risk and are not suitable for all investors. Clients should understand thoroughly the risks and opportunities associated with trading options and should read the document entitled Characteristics and Risks of Standardized Options before engaging in any options transactions.
Industry:Financial services
Buying a put option contract to open against a long position in the security underlying the option. Note: Options involve risk and are not suitable for all investors. Clients should understand thoroughly the risks and opportunities associated with trading options and should read the document entitled Characteristics and Risks of Standardized Options before engaging in any options transactions.
Industry:Financial services
The offering of securities, either through an initial public offering or an additional financing for corporations that are already publicly traded. The Securities and Exchange Commission rules and regulations govern all new issues.
Industry:Financial services
The normal unit of trading of a security; 100 shares of stock or 5 bonds. Also called normal trading unit or even lot or full lot.
Industry:Financial services
Indicates the presence of conditions that may impact the availability of funds or securities.
Industry:Financial services
A written authorization given by a shareholder for someone else, usually the company's management, to cast his/her vote at a shareholder meeting or at another time. Or more generally, a person who represents another person.
Industry:Financial services
Series of three questions that must be completed by an account holder in order to be considered for participation in new issues available on the Merrill Lynch IPO Center.
Industry:Financial services
