- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Securities industry procedure whereby delivery of securities sold is made to the buying customer's bank without requiring immediate payment; thus a credit agreement of sorts. Antithesis of delivery vs. payment.
Industry:Financial services
An exchange rate system characterized by the absence of government intervention. Also known as clean float.
Industry:Financial services
The management of a firm's costs and expenses in relation to budgeted amounts.
Industry:Financial services
Marine cargo insurance that does not cover partial losses or partial damage unless caused by the vessel being sunk, stranded, burned, on fire, or in a collision.
Industry:Financial services
Events preceding and including bankruptcy, such as violation of loan contracts.
Industry:Financial services
Legal and administrative costs of liquidation or reorganization. Also includes implied costs associated with impaired ability to do business (indirect costs).
Industry:Financial services
A follower who avoids the cost and expense of finding the best course of action simply by mimicking the behavior of a leader who made these investments.
Industry:Financial services
Combining or carving up existing instruments to create new financial products.
Industry:Financial services