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Bloomberg L.P.
Industry: Financial services
Number of terms: 73910
Number of blossaries: 1
Company Profile:
World's leading financial information-service, news, and media company.
Insurance that covers the policyholder and family if they are injured by a hit-and-run or uninsured motorist, assuming the other driver is at fault.
Industry:Financial services
A fiduciary relationship calling for a trustee to hold the title to assets for the benefit of the beneficiary. The person creating the trust, who may or may not also be the beneficiary, is called the grantor.
Industry:Financial services
Reduction in the likelihood of financial distress for a conglomerate firm that comes with its diversified investments.
Industry:Financial services
Swapping two similar bonds to receive a tax benefit.
Industry:Financial services
Also called unsystematic risk or idiosyncratic risk. Specific company risk that can be eliminated through diversification. See: Diversifiable risk and unsystematic risk.
Industry:Financial services
An organization that acts as a fiduciary and administers trusts.
Industry:Financial services
Shares authorized in a corporation's charter, but not issued.
Industry:Financial services
The option to sell an asset and claim a loss for tax purposes or not sell the asset and defer the capital gains tax.
Industry:Financial services
More than one class of securities traded together (e.g., one common share and three subscription warrants).
Industry:Financial services
A reduced tax rate that a government provides as an inducement to foreign direct investment.
Industry:Financial services
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