- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Expenses such as salespersons' salaries and commissions, advertising and promotion, travel and entertainment, office payroll and expenses, and executives' salaries.
Industry:Financial services
Describes the theoretically correct relationship between spot and futures prices. Violation of the parity relationship gives rise to arbitrage opportunities.
Industry:Financial services
The difference between spot and forward rates expressed in points, e.g., $0.0001 per pound sterling.
Industry:Financial services
Joint ownership of property or securities by a husband and wife where, upon the death of one, the property goes to the survivor.
Industry:Financial services
A strategy of selling stock shortly after a company announces good news and the stock price rises. Investors believe that the price is as high as it can go and is on the brink of going down.
Industry:Financial services
Interest rate fixed today on a loan that is made today. Related: Forward interest rates.
Industry:Financial services
An interest rate swap designed to end a counterparty's role in another interest rate swap, accomplished by counterbalancing the original swap in maturity, reference rate, and notional amount.
Industry:Financial services
Account registration in which two or more individuals own a certain proportion of an account. Each tenant's proportion is distributable as part of the owners estate, so that if one of the account holders dies, that owner's heirs are entitled to that proportional share of the account.
Industry:Financial services
All banks involved in selling or marketing a new issue of stock or bonds.
Industry:Financial services
Originating mortgages by processing applications taken directly from prospective borrowers.
Industry:Financial services