- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A strategy, or plan of attack, an investor uses when deciding how to allocate capital among several options including stocks, bonds, cash equivalents, commodities, and real estate. The strategy should take into account the investor's tolerance for risk as well as future needs for capital.
Industry:Financial services
Life insurance providing full life protection but requiring premiums for only part of the customer's lifetime.
Industry:Financial services
Used in insurance policy agreements as to compensation for damage or loss. In the context of corporate governance, Director Indemnification uses the bylaws and/or charter to indemnify officers and directors from certain legal expenses and judgements resulting from lawsuits pertaining to their conduct.
Industry:Financial services
A committee within a brokerage firm that conducts research and makes recommendations on the firm's stated investment strategy.
Industry:Financial services
Used in the context of general equities. See: Limit order.
Industry:Financial services
Agreement between lender and borrower that details specific terms of the bond issuance. Specifies legal obligations of bond issuer and rights of bondholders. An indenture spells out the specific terms of a bond, as well as the rights and responsibilities of both the issuer of the security and the holder.
Industry:Financial services
Proportion of new capital investment that could be used to reduce a company's tax bill (abolished in 1986).
Industry:Financial services
The risk inherent in options contracts, which is much lower than that of a futures contract, which has unlimited risk. The maximum loss in buying a call option, for example, is the premium paid for the option.
Industry:Financial services
A certified public accountant operating outside the company who can provide an accountant's opinion.
Industry:Financial services
A closed-end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares that are traded on the secondary markets, like corporate stock. The market price may exceed the net asset value per share, in which case shares are selling at a premium. When the market price falls below the (NAV)/share, shares are selling at a discount. Many closed-end funds are of a specialised nature; the portfolio represents a particular industry or, country. These funds are usually listed on US and foreign exchanges.
Industry:Financial services
