- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
A depositor's saving account from which funds may be transferred automatically to the same depositor's checking account to cover a cheque written or to maintain a minimum balance.
Industry:Financial services
Arrangement that allows the original beneficiary of a letter of credit to pledge or turn over proceeds to another, typically end supplier.
Industry:Financial services
Used in context of general equities. Securities are "absorbed" as long as there are corresponding orders to buy and sell. The market has reached the absorption point when further assimilation is impossible without an adjustment in price. See: Sell the book.
Industry:Financial services
A mutual fund that gives shareholders the right to receive a fixed payment from dividends on a quarterly or monthly basis.
Industry:Financial services
The public absorption of a new issue of stocks once the stock has been completely sold by underwriter. See: Absorbed.
Industry:Financial services
Auction Preferred Stock. A type of Dutch Auction Preferred Stock (Goldman Sachs product).
Industry:Financial services
An alternative model to the capital asset pricing model developed by Stephen Ross and based purely on arbitrage arguments. The APT implies that there are multiple risk factors that need to be taken into account when calculating risk-adjusted performance or alpha.
Industry:Financial services
Used in context of general equities. "Can a new customer still participate on opposing side of the trade from that which the first customer initiated?", Inquiring as to whether any portion of that trade is still available See: Open.
Industry:Financial services
A single price auction exchange for equity trading that allows anonymous buyers and sellers to trade at low transaction costs.
Industry:Financial services
A loose economic affiliation of Southeast Asian and Far Eastern nations. The most prominent members are China, Japan, and Korea.
Industry:Financial services
