- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A 1986 law involving a major overhaul of the US tax code.
Industry:Financial services
See: Revenue Reconciliation Act of 1993
Industry:Financial services
Money back from the government when too much tax has been paid or withheld from a salary.
Industry:Financial services
On an exchange, the member firm that is designated as the market maker (or dealer for a listed common stock). Member of a stock exchange who maintains a "fair and orderly market" in one or more securities. Only one specialist can be designated for a given stock, but dealers may be specialists for several stocks. In contrast, there can be multiple market makers in the OTC market. Major functions include executing limit orders on behalf of other exchange members for a portion of the floor broker's commission, and buying or selling for the specialist's own account to counteract temporary imbalances in supply and demand and thus prevent wide swings in stock prices.
Industry:Financial services
A requirement that any investing strategy fall within the financial means and investment objectives of an investor.
Industry:Financial services
A short-term investment, such as a money market fund, Treasury bills, or short-term CD, which is usually held a year or less.
Industry:Financial services
An account used temporarily to record receipts and disbursements that have yet to be classified.
Industry:Financial services
