- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A unit investment trust that buys municipal bonds and usually holds them until maturity, passing the bond income on to shareholders, usually tax-free.
Industry:Financial services
Also a market order, but the investor is allowing the floor broker to use his own discretion as to the exact timing of the execution. If the floor broker expects a decline in price and he is holding a "market not held buy order", he (she) may wait to buy, figuring that a better price will soon be available. There is no guarantee that a "market not held order" will be filled.
Industry:Financial services
Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.
Industry:Financial services
An order to trade stocks, options, or futures as close as possible to the market close. See also MOC.
Industry:Financial services
A bond issued to finance a public project that is funded by the revenues of the project.
Industry:Financial services
A certificate on which the name of the issue, the issuer, or some other identifying detail cannot be read.
Industry:Financial services
Used in the context of general equities. Order to buy or sell a stated amount of a security at the most advantageous price obtainable after the order is represented in the trading crowd. You cannot specify special restrictions such as all or none (AON) or good 'til canceled order (GTC) on market orders. See: Limit order.
Industry:Financial services
A savings and loan association organized as a cooperative, with members purchasing shares, voting on association affairs, and receiving income in the form of dividends.
Industry:Financial services
Used for listed equity securities. See: Percentage order.
Industry:Financial services
