- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A contractual clause in a mortgage agreement stating that any additional mortgageable property attained by the borrower after the mortgage is signed will be regarded as additional security for the obligation addressed in the mortgage.
Industry:Financial services
Securities trading after regular trading hours on organized exchanges.
Industry:Financial services
The comparison basis used to analyze the net after-tax returns on a corporate taxable bond and a municipal tax-free bond.
Industry:Financial services
The after-tax rate of return minus the inflation rate.
Industry:Financial services
An account between two broker/dealers that remains intact after 30 days after the settlement date. The receiving firm must adjust its capital as it can no longer treat this account as an assets.
Industry:Financial services
In context of general equities, buying or selling for the account and risk of a customer. Generally, an agent, or broker, acts as intermediary between buyer and seller, taking no financial risk personally or as a firm, and charging a commission for the service. The broker represents a customer buyer/seller to a customer seller/buyer and does not act as principal for the firm's own trading account. Antithesis of principal. See: Dealer.
Industry:Financial services
