- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Calculated by dividing annual sales by average stockholder equity (net worth). The ratio indicates how much a company could grow its current capital investment level. Low capital turnover generally corresponds to high profit margins.
Industry:Financial services
A theory that because investment companies are merely conduits for capital gains, dividends, and interest, which are in fact passed through to shareholders, the investment company should not be taxed at the corporate level.
Industry:Financial services
The value of a client's portfolio at today's market price, as listed in a brokerage statement.
Industry:Financial services
A measure of investors' faith in the economy and the securities market. A low or deteriorating level of confidence is considered by many technical analysts as a bearish sign.
Industry:Financial services
Current time to maturity on an outstanding debt instrument.
Industry:Financial services
A method of constructing a replicating portfolio in which the manager purchases a number of the most highly capitalised names in the stock index in proportion to their capitalization.
Industry:Financial services
Statement by an investment bank that it is highly confident that the financing for its client/acquirer's takeover can and will be obtained. Often used in risk arbitrage.
Industry:Financial services
The translation of all of a foreign subsidiary's current assets and liabilities into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the historical exchange rate; that is, the rate in effect at the time the asset was acquired or the liability incurred.
Industry:Financial services
The rate of interest used to calculate the present value of a number of future payments.
Industry:Financial services