- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The task of managing the funds of a financial institution to accomplish the two goals of a financial institution: (1) to earn an adequate return on funds invested and (2) to maintain a comfortable surplus of assets beyond liabilities. Also called surplus management.
Industry:Financial services
A section of an annual report that includes the auditor's opinion about the veracity of the financial statements.
Industry:Financial services
Account at a brokerage house, bank, or savings institution that integrates banking services and brokerage features.
Industry:Financial services
Absence of a cross-border trade in models of international trade.
Industry:Financial services
A company with assets that are not believed to be accurately reflected in its stock price, making it an attractive buy or play.
Industry:Financial services
Video communication network through which brokerage houses alert institutional investors of their desire to transact block business (a purchase or sale) in a given security. Indications transmit small, medium, and large sizes only, with occasional limits mentioned. Supers are messages with specific size and price included. Both "indications" and "supers" can be only seen by customers (institutional subscribers to Autex). Trade recaps, advertised block trades entered by the dealer/subscribers, are also displayed, but can be seen by both institutions and dealers. See: Expunge, size.
Industry:Financial services
A model for determining the required or expected rate of return on an asset. Related: Capital asset pricing model and arbitrage pricing theory.
Industry:Financial services
In the context of bonds, refers to the validation of a bond certificate.
Industry:Financial services
A corporate raider (company A) that takes over a target company (company B) in order to sell large assets of company B to repay debt. Company A calculates that the net selling of the assets and paying off the debt, will leave the raider with assets that are worth more than what it paid for company B.
Industry:Financial services
A bond issued by a government agency or a corporation created to manage a revenue-producing public enterprise. The difference between an authority bond and a municipal bond is that margin protections may be incorporated in the authority bond contract as well as in the legislation that enables the authority.
Industry:Financial services
