- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Computerised subscriber service that serves as a vehicle for the fourth market. "Instinet" is registered with the SEC As a stock exchange it numbers among its subscribers a large number of mutual funds and other institutional investors linked to each other by computer terminals. The system permits subscribers to display bids and offers (which are exposed system wide for whatever length of time the initiating party specifies) and to consummate trades electronically. Instinet is largely used by market makers, but, nonmarket makers and customers have equal access.
Industry:Financial services
Strategy in which a third party poses as a white knight in a takeover bid, and then joins forces with an unfriendly bidder.
Industry:Financial services
Value of property, equipment, and other capital assets minus the depreciation. This is an entry in the bookkeeping records of a company. It is usually established on a "cost" basis, and thus does not necessarily reflect the market value of the assets.
Industry:Financial services
An organization, probably very large, engaged in professional investing in securities. Normally a bank, insurance company, or mutual fund.
Industry:Financial services
A curve conjecturing that economic output will increase if marginal tax rates are cut. Named after economist Arthur Laffer.
Industry:Financial services
A profit on the sale of a security or mutual fund share that has been held for more than one year.
Industry:Financial services
A broker who buys and sells securities for institutional investors such as banks, and mutual funds, pensions.
Industry:Financial services
Payment of a financial obligation later than is expected or required, as in lead and lag. Also, the number of periods that an independent variable in a regression model is "held back" in order to predict the dependent variable.
Industry:Financial services
An obligation having a maturity of more than one year from the date it was issued. Also called funded debt.
Industry:Financial services
Service that assembles analysts' estimates of future earnings for thousands of publicly traded companies, detailing how many estimates are available for each company and the high, low, and average estimates for each.
Industry:Financial services
