Home > Term: Covering transaction
Covering transaction
(1) Transaction to cover stock market obligations incurred.
(2) Forcible settlement of a stock market transaction if the other party fails to meet its obligations.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
0
Creator
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
