- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
A bond usually arising from reorganization with precedence over another bond of the same issuing company that is equally secured.
Industry:Financial services
The stockholder of record as distinguished from the beneficial owner.
Industry:Financial services
Analysis of a firm's capital structure decision, which shows the irrelevance of capital structure in a perfect capital market.
Industry:Financial services
Preferred stock that has a higher claim on all dividends and assets in liquidation than claims of other preferred stock.
Industry:Financial services
Analysis of a decision on dividend policy, in a perfect capital market environment, that shows the irrelevance of dividend policy.
Industry:Financial services
Used for listed equity securities. System used in an auction market, in which the first bid or offer price is executed before other bid and offer prices, even if subsequent orders are larger. NYSE rules stipulate that the bid made first should be executed first, or if two bids came in at once, the bid for the large number of shares receives "priority." The bid not executed is then turned to the broker, who informs the customer that the trade was not completed because there was stock ahead. See: Standing.
Industry:Financial services
A first attachment on an asset that is duly recorded with the relevant government body so that the lender will be able to act on it should the borrower default.
Industry:Financial services
Company that mobilizes private capital for financing the export of big-ticket items by US firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of US products.
Industry:Financial services
Markets in which no trader has the power to change the price of goods or services. Perfect capital markets are characterized by certain conditions: (1) Trading is costless, and access to the financial markets is free; (2)information about borrowing and lending opportunities is freely available; and (3) there are many traders, and no single trader can have a significant impact on market prices.
Industry:Financial services
