- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The risk that a central bank will impose foreign exchange regulations that will reduce or negate the value of FX contracts. Also refers to the risk of government default on a loan made to a country or guaranteed by it.
Industry:Financial services
An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay.
Industry:Financial services
Price that current shareholders pay for a share of stock in a rights offering.
Industry:Financial services
A letter of credit which has not been guaranteed or confirmed by any bank other than the bank that opened it. The advising bank merely informs the beneficiary of the letter of credit terms and conditions.
Industry:Financial services
Interest-bearing obligations if the U.S. government issued by the U.S. Department of the Treasury as a means of borrowing money to meet government expenditures not covered by tax revenues. There are three types of marketable Treasury securities-bills, notes and bonds.
Industry:Financial services
Organized exchanges plus over-the-counter markets in which securities are traded.
Industry:Financial services
A special dividend declared at the end of a fiscal year that usually represents distribution of higher-than-expected company profits.
Industry:Financial services
A short call option position in which the writer does not own shares of underlying stock represented by the option contracts. Uncovered calls are much riskier for the writer than a covered call, where the writer of the uncovered call owns the underlying stock. If the buyer of a call exercises the option to call, the writer would be forced to buy the asset at the current market price. Also called a "naked" asset.
Industry:Financial services
Laws limiting the amount of interest that can be charged on loans.
Industry:Financial services