- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A check returned by a bank because it is not payable, usually because of insufficient funds. Also used in the context of securities to refer to the rejection and ensuing reclamation of a security; a stock price's abrupt decline and recovery.
Industry:Financial services
A small, specialized brokerage firm that offers limited services and products to a limited number of clients. Antithesis of financial supermarket.
Industry:Financial services
The actual physical location at a brokerage house or bank where securities or other documents are stored for safekeeping. Alternatively, a quotation machine or battery march.
Industry:Financial services
A type of option arbitrage in which both a bull spread and a bear spread are established for a near-riskless position. One spread is established using put options and the other is established using calls. The spread may both be debit spreads (call bull spread vs. put bear spread) or both credit spreads (call bear spread vs. put bull spread). Break-Even Point--the stock price (or prices) at which a particular strategy neither makes nor loses money. It generally pertains to the result at the expiration date of the options involved in the strategy. A "dynamic" break-even point is one that changes as time passes.
Industry:Financial services
A term signifying the extent of an underwriter's commitment in a new issue, e.g., major bracket or minor bracket.
Industry:Financial services
The gradual movement into higher tax brackets when incomes increase as a result of inflation.
Industry:Financial services
Bonds issued by emerging countries under a debt reduction plan.
Industry:Financial services
An operation in a foreign country incorporated in the home country.
Industry:Financial services
The percentage of assets or stocks advancing relative to those unchanged or declining. Also the number of independent forecasts available per year. A stock picker forecasting returns to 100 stocks every quarter exhibits a breadth of 400, assuming each forecast is independent (based on separate information).
Industry:Financial services