- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
A feature that allows the investor, in the event of a takeover, to require the issuer to repurchase the security.
Industry:Financial services
The date of which insurance coverage becomes effective. The policy date (also known as the contract date) determines when contract anniversaries and maturity will occur.
Industry:Financial services
The total value of a security listed based on current trading day market prices, if available, and delayed 15 or 20 minutes depending on the market where traded.
Industry:Financial services
A document issued by a bank guaranteeing the payment to a beneficiary of a customer's drafts up to a stated amount; in the event that the customer is unable to make the payment to the beneficiary, the bank will be required to cover the full or remaining amount owed. Only standby letters of credit are currently available in connection with LMA loans.
Industry:Financial services
Stocks, bonds, and other assets owned by a mutual fund or an investor.
Industry:Financial services
Position checks are not performed for accounts which have (1) sold covered calls to open on packaged options (2) closed open positions on packaged options (3) complex option strategies. When either the current order, an open order or an executed order includes one of these three order types, position warnings are not performed for the account. Account position values for the account are not displayed. The message which appears within the Warnings Box specifies whether the current order, an open order or an executed order contains one of these three order types.
Industry:Financial services
