- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The period of use after which an asset has deteriorated to such an extent that it can no longer be used.
Industry:Financial services
The restricting of liabilityholders from collection efforts related to collateral seizure. Automatically imposed when a firm files for bankruptcy under Chapter 11.
Industry:Financial services
Rule in bankruptcy proceedings requiring senior creditors to be paid in full before junior creditors receive any payment.
Industry:Financial services
A depositor's saving account from which funds may be transferred automatically to the same depositor's checking account to cover a check written or to maintain a minimum balance.
Industry:Financial services
Used in context of general equities. Securities are "absorbed" as long as there are corresponding orders to buy and sell. The market has reached the absorption point when further assimilation is impossible without an adjustment in price. See: Sell the book.
Industry:Financial services
A mutual fund that gives shareholders the right to receive a fixed payment from dividends on a quarterly or monthly basis.
Industry:Financial services
Refers to the price (including the closing costs) to purchase another company or property. In the context of investments, refers to price plus brokerage commissions, of a security, or the sales charge applied to load funds. See: Tax basis.
Industry:Financial services
