- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
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When small parts of an object are qualitatively the same, or similar to the whole object. In certain deterministic fractals, like the Sierpinski Triangle, small pieces look the same as the entire object. In random fractals, small increments of time will be statistically similar to larger increments of time. See: Fractal.
Industry:Financial services
Purchase of shares that entitle the buyer to the forthcoming dividend. Related: Ex-dividend.
Industry:Financial services
Order ticket that shows the stock, price, number of shares, type, and account of the order. Origin: Practice of placing the ticket on a metal spike upon execution or cancellation.) Spike is also a sudden, drastic increase in a company's share price.
Industry:Financial services
A theory of economics that reductions in tax rates will stimulate investment and in turn will benefit the entire society.
Industry:Financial services
Shares sold accompanied by entitlement the buyer to buy additional shares in the company's rights issue.
Industry:Financial services
A short-term trend in the price movement of a security that analysts recognize as significant.
Industry:Financial services
Agreement that a mutual fund will disburse automatic periodic redemptions to the investor.
Industry:Financial services
Bonds sold to finance a project that will produce enough revenue through tolls or other charges to retire the debt . See: revenue bond.
Industry:Financial services
Used in the context of securities, the illegal practice of a public offering participant keeping some shares in a private account or with a family member, employee, or dealer to profit from the higher market price of a hot issue. Used in the context of taxes, the withholding by an employer of a certain amount of an employee's income in order to cover the employee's tax liability. Also used to refer to the withholding by corporations and financial institutions of a flat 10% of interest and dividend payments due to security holders.
Industry:Financial services