A stock or bond that is listed on a major exchange but either not actively traded or with low daily traded volume.
The common name for the GBP/USD currency pair.
The currency of Canada. ISO international currency code: CAD.
A benefits plan that allows employees to select from a pool of choices, some or all of which may be tax-advantaged…
The department of a brokerage firm through which physical securities are both received and distributed.
Compound Annual Growth Rate. The year-over-year growth rate of an investment over a given period of time. It is calculated by the formula:
Trends in the performance of stocks correlating to different days of the week,…
A strategy in options or futures where a spread is established by entering both…
The period beginning on January 1 and ending on December 31, based on the Gregorian calendar…
A Call is an option contract that gives the holder the right (but not the obligation)…
Able to be redeemed prior to maturity. The term generally applies to bonds and…
A bond whose issuer has the right, under certain conditions, to redeem (buy…
A loan used by brokerage firms to maintain margin accounts or finance underwriting…
A stock which the issuer may buy back on demand at a specified price. Also…
The date on which a callable bond can be redeemed before it has reached maturity….
Term used to describe a contract that is ended because of the obligation of delivery…
A bond whose issuer has the right, under certain conditions, to redeem (buy…
See callable bond.
A loan that must repaid upon the lender’s demand. also called callable loan.See also callable loan
A market that consists of the borrowing of money by brokers and dealers for…
The interest rate that banks charge brokers to finance margin loans to investors….
A Call is an option contract that gives the holder the right (but not the obligation)…
At the time a callable bond or callable preferred stock is issued, the price…
A specified initial period during which a callable bond may not be called.This…
A clause in the indenture of a bond expressing the right of the issuer to redeem…
An investment strategy combining options to limit risk while still allowing…
The potential for cash flow issues that the holder of a callable bond enables…
A banking, money changer or broker. The more modern usage refers to an expert…
The currency of Cambodia.See GoCurrency World Currencies Page & Currency Converter
The currency of Cameroon.See GoCurrency World Currencies Page & Currency Converter
The currency of Canada. ISO international currency code: CAD. Learn more…
The currency of The Canary Islands.
The action of placing a cancel order. See cancel order
Absolution by a creditor of a borrower’s obligation to repay a loan. This may…
Short for call swap option. This is an exchange in which the buyer pays…
A check cleared by a financial institution. A cancelled check may serve as proof of payment.
In order given to call off a previously placed buy or sell order…
Intro to Candles Bullish Reversals Bearish Reversals Continuation…
The currency of Canton & Enderbury Island.See GoCurrency World Currencies Page & Currency Converter
An upper limit on the interest rate that can be charged by a lender. This may…
A firm or economy’s ability to produce goods and services.
Capacity utilization measures the extent to which Japanese manufacturing companies…
Capacity utilization measures the extent to which Japanese manufacturing companies…
The percentage of production potential of a company, industry, or entire economy…
Measures the extent to which Canadian manufacturing companies make use of their…
Capacity Utilization measures the extent to which U.S. manufacturing companies…
The currency of Cape Verde. ISO international currency code: CVE….
Money spent to acquire or upgrade physical assets such as buildings and machinery….
Financial capital generally refers to the net financial wealth and investor…
An account that tracks the movement of funds for investments and loans into…
An increase in the price of an asset in the market.This is one of two major…
An aggressive type of mutual fund that seeks profit primarily through investment…
A tangible asset that is held for a long period of time, not normally bought…
CAPM. A formula relating risk to expected return that is used to price particularly…
Plan for new acquisitions and replacements of long-term assets.Assets considered…
Planning the most effective investment strategy in long-term projects in order…
Inventories of stocks carried by market makers.Because the value of stocks is…
The amount of money necessary for a country to maintain its productivity.This…
The informal ratio of output divided by capital expenditure. The larger the ratio, the better the capital efficiency.
Fixed assets plus current assets minus current liabilities. Capital employed…
Funds spent for the acquisition of a long-term physical asset. Also known as…
The movement of capital from one investment to another that is more stable or…
The creation or expansion through savings of goods that produce other goods.This…
The profit made from the sale, trade, or exchange of a capital asset. This is…
capital gains distribution
Payment of some amount of a company’s profit from sales of securities made to…
A tax taken on profits made through the sale of assets held for investment….
Producer materials used to create physical commodities.In general, capital goods…
An increase in the market price of an asset. See capital appreciation.
Requiring a large amount of assets to produce a particular good or finance a…
Money paid for an asset of permanent use or value in a business or home. The…
Capitalism refers to the economic system characterized by the following points:..
A term that refers to the total amount of financing or funds that is available to a corporation…
A method of evaluating an investment by estimating future cash flows and taking into consideration…
A rate of interest or discount rate used to convert a series of future earnings…
The distribution of a company’s assets between debt, preferred stock, common…
A statistical indicator that provides a representation of the value of its components…
To record current expenses as a long-term asset in order to delay the recognition…
The base cost of a leased asset that is amortized over the life of the lease.Also…
An additional charge added to an original principal loan amount because the…
A lease with the characteristic of asset ownership.This characteristic is determined…
Debt that both arises through and is used in business operations.Applicable…
The amount by which the purchase price of a capital asset is higher than its…
The amount by which the decline in value of an asset exceeds the maximum deductible…
Trading center for securities such as stocks, mortgages, and bonds. The capital…
A graph derived from the Capital Asset Pricing Model that shows the rates of…
A company or individual’s total assets minus total liabilities.For corporations,…
The placement of restrictions on the quantity of new investments or projects…
A permanent base of funds needed for the normal operation of a business.Also…
A good used in the production of other goods.Examples include factories, buildings, and equipment.
The capital spending figure including software tracks all investment by Japanese…
The investment in new capital by Japanese corporations. Capital spending serves…
The total amount of stock authorized for issue by a corporation.This includes…
The basis for a firm’s financing.Also known as capitalization. This may be…
A company’s annual sales divided by its average stockholder equity (net worth).Also…
See Capital Asset Pricing Model
An option with a pre-established profit limit.Also called a capped option….
Artificially keeping the price of a stock low or actively lowering it by applying…
The discount rate used to determine the present value of a stream of future earnings…
Representative of an insurer with a special commitment to that insurer.As opposed…
Capture Rate refers to the ability at which properties are able to be sold or…
The amount of a commodity for which a predetermined price is set in a commodity…
Insurance company that actually underwrites, issues, and assumes (or carries)…
A technique for receiving a refund of back taxes by applying a deduction or…
A technique for applying a loss or credit from the current year to a future year. Also known as tax loss carryforward.
The cost of storage space, insurance, and finance charges incurred when storing a physical commodity.
The carry trade is a popular trading strategy used in the FX market. It guarantees…
The permission to select any available choice in making a given decision.
A group of firms or countries which collectively attempt to affect market prices…
A situation in which a parent firm sells a minority share of a child firm, generally…
Currency and coins on hand, bank balances, and negotiable money orders and checks.
A brokerage account in which the customer is required by Regulation T to pay…
A loan taken out against a line of credit, credit card or expected income–typically…
CAD. A transaction where the purchaser takes ownership of goods the moment…
An arbitrage strategy generally consisting of the purchase of a particular security…
Total dollar value of cash and marketable securities divided by current liabilities….
A defined benefit retirement plan characterized by an annual contribution made by the employer…
The bookkeeping practice of recording sales and expenses only when cash is actually…
An accounting book which documents both cash receipts and disbursements.
A forecast of estimated cash receipts and disbursements for a specified period of time…
The outright purchase of securities or commodities for immediate delivery.
Gauges Australian consumer spending. The Cashcard Retail Index tracks cash…
The proceeds of cash collected from the sale of liquid assets while in bankruptcy.
An actual physical commodity which is delivered at the completion of a contract,…
The procedures used to verify the accuracy of cash receipts and disbursements.
The length of time between the purchase of raw materials and the collection…
A Cash-Cow is a business or product which generates a steady, dependable flow…
A short-term cash loan to a firm.
The length of time between the purchase of raw materials and the collection…
A requirement of certain futures contracts that the underlier should not be…
A credit or discount offered if the purchaser chooses to pay early and/or with cash.
A dividend paid in the form of cash, generally by check.
Cash revenues minus cash expenses. This differs from earnings in that it does not include non-cash expenses such as depreciation.
The market value of an asset if it was sold for cash.
Highly liquid, very safe investments which can be easily converted into cash, such as Treasury Bills and money market funds.
A measure of a firm’s financial health. Equals cash receipts minus cash payments…
An accounting of funds related to the financing of the firm which is reported…
An accounting of funds related to the firm’s investments, reported on the cash…
An accounting of funds related to the firm’s operations, reported on the cash…
A summary of a firm’s cash flow over a given period of time.
A cash market transaction in which a seller agrees to deliver a specific cash…
A check which cannot bounce because its face amount is paid to the bank when it is issued, and the bank then assumes the obligation.
Primarily, cash-in refers to the exchange of one thing for cash. For example,…
A journal where all transactions are initially recorded.
A method of converting options into stock that requires no initial cash payment…
The strategy by which a firm administers and invests its cash.
A market in which commodities, such as grain, gold, crude oil, or RAM chips,…
A technique for calculating the return on an investment for which there is no secondary market…
Abbreviated as COD, refers to a transaction in which goods are paid for in full…
Abbreviated as CODA, refers to a qualified plan, generally part of a profit…
Exchange for cash.
The process of taking out of a new mortgage at an amount that exceeds the existing balance…
The present delivery price of a given commodity being traded on the spot market. Also known as spot price.
Total dollar value of cash and marketable securities divided by current liabilities….
Cash deposits, short-term bank deposits, money market instruments, and Treasury Bills.
A transaction in which the securities are delivered on the trade date instead…
A transaction settled with a cash payment in the amount of profit or loss rather…
The amount available in cash upon cancellation of an insurance policy, generally…
The amount available in cash upon cancellation of an insurance policy, generally…
A life insurance policy which in addition to providing a benefit upon the death…
A provision enabling a participant to withdraw part or all of an accumulation from an insurance policy or annuity.
A provision enabling a participant to withdraw part or all of an accumulation from an insurance policy or annuity.
A type of insurance coverage for loss or liability arising from a sudden, unexpected event such as an accident.
Any form of financial loss or loss of property arising from a sudden, unexpected event such as an accident.
A high-yield, insurance-backed bond containing a provision causing interest…
A type of insurance coverage for specific catastrophic events such as death, fire, flood, and some medical conditions.
A high-yield, insurance-backed bond containing a provision causing interest…
Let the purchaser beware.
The currency of Cayman Islands. Learn more about the Cayman dollar and Cayman Islands at GoCurrency.com
A survey of senior manufacturing executives on trends in output, prices, exports,…
Acronym for Collateralized Bond Obligation. An investment-grade bond backed…
Acronym for Chicago Board Options Exchange. An exchange where stock options,…
Acronym for Chicago Board of Trade. An exchange where grain, gold, and Treasury Bond futures and options are traded.
A business which is a completely separate entity from its owners, unlike a partnership.
Acronym for Certificate of Deposit. Short- or medium-term, interest-bearing,…
The currency of The Democratic Republic of Congo. ISO international currency…
The maximum interest rate permitted by state law for a given loan. A ceiling is a common feature of floating rate notes.
A single account at a brokerage or bank which includes both banking and brokerage…
The generic name given to a country’s primary monetary authority, such as the…
Acronym for CRD. A computerized database with information on registered brokers….
Acronym for Chief Executive Officer. The executive who is responsible for a…
A formal declaration of a fact, such as a stock certificate, CD, certificate…
A quantity of a physical commodity which has been inspected by the appropriate…
A municipal bond which does not have a certificate of ownership for each bondholder….
A certificate which identifies an account’s trustee(s) when none is listed on an account registration.
A contingent promise to reimburse an insured lender for costs resulting from a foreclosure.
A certificate acknowledging delivery of securities after a transaction has been completed.
Abbreviated as CD, refers to a short- or medium-term, interest-bearing, FDIC-insured…
A certificate issued by a local building department to a builder or renovator,…
Financing in which an individual purchases a share of the lease revenues of…
A document reflecting legal ownership of a specific number of stock shares in a corporation. Also known as stock certificate.
A written statement by an attorney or title firm as to the status of a property title.
The procedure through which an official designation is obtained. Often involves standardized testing.
A check for which the bank guarantees payment.
A title conveyed by the International Board of Standards and Practices for Certified…
Acronym for CPA. An individual who has received state certification to practice accounting.
Ceteris paribus – A Latin term used in economics meaning “with all other things…
Acronym for Chartered Financial Analyst. An individual who has passed tests…
The currency of The African Financial Community (Central Africa).See GoCurrency World Currencies Page & Currency Converter
The currency of The African Financial Community (East Africa)..See GoCurrency World Currencies Page & Currency Converter
The CFO is the senior manager responsible for overseeing the financial activities…
Acronym for Commodity Futures Trading Commission. The federal agency created…
The currency of Chad.See GoCurrency World Currencies Page & Currency Converter
Korean term for a conglomerate of many firms clustered around one parent firm….
A technical analysis tool that compares the day’s closing price to the intraday…
The highest-ranking officer in a corporation’s board of directors. Presides…
A channel is formed between parallel support and resistance lines. This pattern…
The part of the U.S. Bankruptcy Code describing the liquidation of a company after bankruptcy.
The part of the U.S. Bankruptcy Code describing how a company can file for court…
The part of the U.S. Bankruptcy Code describing how a company or debtor can…
The part of the U.S. bankruptcy code allowing an individual to begin debt repayment…
A loan based on the reputation and/or personal credit history of a borrower, rather than collateral.
An expense or cost.
A card used for making payments. Similar to a credit card except that the balance…
Accounts receivable that will likely remain uncollectable and will be written…
An arrangement where property income or investment income is given to a charity…
An arrangement in which property or money is donated to a charity, but the donor…
A chart is a collection of historical price action that is represented visually…
A document, filed with a U.S. state by a corporation’s founders, describing…
Abbreviated as CFA, refers to an individual who has passed tests in economics,…
Abbreviated as ChFC, refers to a financial planning designation for the insurance…
Abbreviated as CIC, refers to an individual who has passed tests in economics,…
Abbreviated as CLU, refers to a designation granted by the American College…
The set of techniques used in technical analysis in which charts are used to…
A person who uses charts to aid in technical analysis.
A list of all account names and numbers used in a firm’s general ledger.
The generally unwise practice of lagging behind the market by buying after a rise and/or selling after a fall.
Property, other than real estate, owned by an individual. Also known as personal property.
A lien on assets other than real estate backing a loan.
A technique used to decide which debt instrument is most profitable to deliver against a futures contract.
A negotiable instrument drawn against deposited funds, to pay a specified amount…
A booklet of blank checks which enable a bank account holder to draw money from his/her checking account deposits.
An informal record of all deposits to and withdrawals from a given checking…
A bank account in which checks (bank drafts) may be written against deposited…
The currency of Switzerland. ISO international currency code: CHF. The…
Chartered Financial Consultant. A financial planning designation for the insurance…
Abbreviated as CBOT. An exchange where grain, gold, and Treasury Bond futures and options are traded.
Abbreviated as CBOE. An exchange where stock options, equity LEAPS, index options, and interest rate options are traded.
Abbreviated as CME. An exchange where financial futures, foreign currency futures,…
Monthly measure of the business conditions based on surveys of purchasing managers…
Abbreviated as CEO. The executive who is responsible for a firm’s operations,…
The CFO is the senior manager responsible for overseeing the financial activities…
Abbreviated as COO. The executive who is responsible for the day-to-day management of a firm.
A tax credit available to an employed individual or an individual seeking employment…
The currency of Chile. ISO international currency code: CLP. Learn more about Chile and the Chilean Peso at GoCurrency.com
The currency of China. ISO international currency code: CNY. Learn more…
A term used to describe procedures enforced within a securities firm that separate…
A market for a stock in which the bid price equals the ask price (in other words,…
The currency of Christmas Island. Christmas Island now uses the Australian…
Excessive trading in a client’s account by a broker seeking to maximize commissions…
The Churn rate is the percentage of subscribers for any service that do not…
Acronym for Chartered Investment Council. An individual who has passed tests…
See CUSIP number.
The term used to indicate which potential purchasers of an upcoming offering…
Warren Buffett’s belief that an investor’s best strategy is to select an area…
Any of a number of procedures implemented by a major stock or commodity exchange…
A legal document offering securities or mutual fund shares for sale, required…
The number of unemployed people divided by the total size of the labor force,…
Notification to an insurance firm requesting payment of an amount due under…
The Claimant Count is the UK’s most timely measure of unemployment. The report…
Type, as of a security. For options, puts and calls of the same security are considered different classes.
A lawsuit brought by one party on behalf of a group of individuals all having the same grievance.
Commonly, the most preferred tier of classified stock, offering more voting…
The second tier of classified stock.
A loan that is criticized by bank examiners as being substandard after being approved.
The separation of a firm’s common stock into multiple classes, such as Class…
Option contracts of a single type (call or put) and style (American, European or capped) that cover the same underlying security.
Free of debt.
The process by which a check or a bank draft is authorized and confirmed for the transfer of funds from one account to another.
The collection of funds which a check is drawn on, and the payment of those funds to the bearer.
The time required for a deposited check to be processed and credited to the depositor’s account.
The date on which the funds required for a given withdrawal are removed from the account.
The collection of funds which a check is drawn on, and the payment of those funds to the bearer.
An organization which works with the exchanges to handle confirmation, delivery…
An organization which works with the exchanges to handle confirmation, delivery…
An agency associated with an exchange, which settles trades and regulates delivery.
Funds represented by a personal or business check that pass between Federal…
A member of an exchange clearinghouse, responsible for executing client trades and other financial commitments of customers.
A title that is free of liens and legal questions as to ownership of the property….
Customer, as of a full-service brokerage.
A characteristic of some retirement plans which specifies that employer matching…
Acronym for Collaterized Loan Obligation. A debt security backed by a pool of commercial loans.
A mutual fund designed to match the performance of an existing successful fund…
A mutual fund designed to match the performance of an existing successful fund by imitating its strategy.
Closing a position refers to ending one’s exposure to movements in the market…
Closing a position refers to ending one’s exposure to movements in the market…
An arrangement whereby surviving shareholders agree to buy a deceased shareholder’s shares.
A corporation in which all of the voting stock is held by a few shareholders,…
Credit which is to be repaid in full (along with any interest and finance charges)…
A fund with a fixed number of shares outstanding, and one which does not redeem…
A fund with a fixed number of shares outstanding, and one which does not redeem…
A mortgage for which repayment may not be made prior to maturity, and for which…
An open-end mutual fund that has temporarily or permanently suspended sale of…
The liquidating of a position because the account holder failed to meet a margin call or to cover a short sale.
A corporation for which most of the voting stock is held by a small number of…
A market with a narrow spread. Opposite of wide market.
The elimination or reduction of a current long or short position by making an…
An option contract for which the strike price is close to the current market price of the underlying security.
An option contract for which the strike price is close to the current market price of the underlying security.
An individual who represents a buyer and handles the closing and the legal transfer…
The end of a trading session.
Fees and expenses, over and above the price of the property, incurred by the…
closing date
The date on which the seller of a property delivers the deed and the buyer pays for it.
The final bookkeeping entries made at the end of an accounting period to transfer…
The price of the last transaction for a given security at the end of a given trading session. Also known as close.
A transaction made in order to close out a position.
A transaction in which the seller’s intention is to reduce or eliminate a long position in a stock or an option series.
A document prepared by a closing agent describing a real estate transaction,…
The number of stocks which ended the trading session on an uptick minus the number which ended on a downtick.
The fulfillment of a contract that causes an existing investment to end. A sale…
Any encumbrance or claim that might invalidate a title to a property. Also known as title defect.
The currency of Chile. ISO international currency code: CLP. Learn more about Chile and the Chilean Peso at GoCurrency.com
Acronym for Chartered Life Underwriter. A designation granted by the American…
Acronym for Chicago Mercantile Exchange. An exchange where financial futures,…
Acronym for Collateralized Mortgage Obligation. A mortgage-backed, investment-grade…
The currency of China. ISO international currency code: CNY. Learn more…
A trading strategy in which an investor tries to duplicate the performance of…
A type of health insurance plan which allows an employee who leaves a firm to…
The currency of Cocos (Keeling) Island. Cocos (Keeling) Island now…
Acronym for Cash on Delivery. A transaction in which goods are paid for in full…
Acronym for Cash or Deferred Arrangement. A qualified plan, generally part of…
The NASD guide for handling and adjudicating complaints filed against NASD members under its Rules of Fair Practice.
A legal amendment to a will.
A measure of the correlation between the dependent and independent variables in a regression analysis.
Acronym for Cost Of Goods Sold. On an income statement, the cost of purchasing…
Measures the current economic activity based on a composite of indicators that…
The business cycle of economic conditions have four phases: peak, contraction,…
An insurance policy provision under which the insurer and the insured share…
Acronym for Cost of Living Adjustment. An annual adjustment in wages to offset…
The ethically questionable practice by full-service brokers of making unsolicited…
A sudden, dramatic drop in economic activity, market prices, or a firm’s condition.
1 – A strategy to reduce a position’s exposure to market fluctuations, while…
Assets pledged by a borrower to secure a loan or other credit, and subject to…
Abbreviated as CBO. An investment-grade bond backed by a large, diversified…
Abbreviated as CMO. A mortgage-backed, investment-grade bond that separates…
A promissory note secured by the pledge of specific assets.
Commercial paper which has been pledged as collateral for a loan.
A corporate bond backed by other securities, generally a parent corporation borrowing against securities of its subsidiaries.
Abbreviated as CLO. A debt security backed by a pool of commercial loans.
An item which has value due to its rarity and desirability; examples include antiques, coins, and art. Often illiquid.
A firm whose purpose is to collect on delinquent accounts.
The number of shares of a security that are outstanding and available for trading by the public. Also known as float.
The average time period for which receivables are outstanding. Equal to accounts…
A method of negotiation in which employees use authorized union representatives to assist them.
A retirement plan initiated via collective bargaining between an employer and a union or other employee representatives.
An investment fund formed from the pooling of investments by institutional investors.
A type of insurance designed to pay for the repair or replacement of the policy…
A secret activity undertaken by two or more people for the purpose of fraud.
The currency of Colombia. ISO international currency code: COP. Learn…
An individual other than the borrower who signs a promissory note and thereby…
An option strategy involving the purchase or sale of both a put and a call on…
An annuity which combines features of a fixed annuity and a variable annuity. Also known as hybrid annuity.
A bond which is backed both by revenue from the project for which the borrowing…
An option strategy involving the purchase or sale of both a put and a call on…
A financial statement covering multiple related or affiliated firms.
Acronym for Commodity Exchange. The leading U.S. exchange for metals futures and options trading.
An accounting firm’s statement provided to a firm preparing for a public offering,…
An economy where supply and price are regulated by the government rather than…
A letter written by independent accountants to an underwriter as part of that underwriter’s due diligence.
The buying and selling of products and services between firms, generally in different states or countries.
A bank loan to a firm. Also known as commercial lending or business credit.
An institution which accepts deposits, makes business loans, and offers related…
commercial credit
A secured business loan in which the borrower pledges as collateral any assets…
A corporation which takes a position in a commodities market for business reasons.
A bank loan to a firm. Also known as commercial credit or business credit.
A short-term renewable loan used to finance a firm’s immediate working capital needs.
A mortgage secured by real estate and in which the real estate is used for business purposes.
An unsecured obligation issued by a corporation or bank to finance its short-term…
Real estate zoned for business or industrial use.
A year treated as having 12 months of 30 days each.
A Commingled Fund is a kind of mutual fund or common trust fund which consists…
The mixing of customer account securities with those in a bank or brokerage’s own accounts; generally illegal.
A fee charged by a broker or agent for his/her service in facilitating a transaction,…
A firm which purchases and sells only for customer accounts, not for his/her own account.
An agreement to perform a particular activity at a certain time in the future under certain circumstances.
A charge by a lender for holding credit available for a borrower.
A formal offer by a lender making explicit the terms under which it agrees to…
Abbreviated as CUSIP. The committee which supplies a unique nine-character identification,…
Plural of commodity.
A Federal act which regulates the futures and options industries, requiring…
Abbreviated as CEC. In New York, the location of five futures exchanges: the…
A basic good, such as food, grains, and metals, which is interchangeable with…
A bond which is tied to the price of a commodity, often used as a hedge against inflation.
CCI is an oscillator that provides an indication of overbought or oversold markets.Overview •…
Abbreviated as COMEX. The leading U.S. exchange for metals futures and options trading.
Contracts to purchase or sell a commodity at a specific price and on a specific delivery date.
Contracts to purchase or sell a commodity at a specific price and on a specific delivery date
Loans or advances secured by commodities, warehouse receipts or bills of lading.
An enterprise in which several individuals contribute funds in order to trade…
The simultaneous purchase of a commodity and the sale of the products derived from that commodity, or vice-versa.
An individual or firm, registered with the Commodity Futures Trading Commission,…
A rarely used voting system in which each shareholder gets a single vote, regardless of number of shares held.
Securities representing equity ownership in a corporation, providing voting…
A financial statement displaying all items as a percentage of a common base…
Securities representing equity ownership in a corporation, providing voting…
A preferred stock or bond which is convertible into common stock, particularly…
A firm’s common stock divided by its total capitalization, expressed as a percentage.
A corporation established to develop economic programs and provide financial support for a community.
Any property that a married couple has acquired during their marriage. In certain…
The official currency of Comoros. Learn more about the Comorian Franc and Comoros at GoCurrency.com
Unique classes of bonds that help protect against the risk of prepayment associated…
Any entity engaging in business, such as a proprietorship, partnership, or corporation.
The profits of Australian companies after all expenses have been accounted for….
The name for the ability of one business entity to engage in production at a…
Financial statement covering several different time periods. Comparative Statements…
Correspondence between two brokers outlining the terms of a transaction prior to settlement. Also known as comparison ticket.
The amount of money a bank requires a customer to maintain in a non-interest…
Generally, something received in return for something else.
The total monetary value an employee receives.
An environment of marketplace rivalry. Goods or services are offered and consumed…
A situation in which no buyer(s) or seller(s) have the power to affect or manipulate market prices.
Condition which enables a firm to operate in a more efficient or otherwise higher-quality…
An offering procedure in which underwriters submit sealed bids to the issuer…
Data gathered and used by a firm for the purpose of learning about its competition in a given market.
The separation of a firm’s common stock into multiple classes, such as Class…
The state of being in accordance with the relevant Federal or regional authorities…
The department within a brokerage or stock exchange that oversees trading and…
Having the characteristic of being free.
Follow the terms of an agreement.
An index or average which is a combination of multiple other indexes or averages….
A ticker tape which prints transactions on national exchanges, regional exchanges, and over-the-counter.
The breakdown of a portfolio or mutual fund by asset class or investment type.
Acronym for CAGR. The year over year growth rate applied to an investment or…
The return an investment would require in order to achieve a set, cumulative…
Arbitrage which utilizes four or more markets.
A measure of how much something grew on average, per year, over a multiple-year…
The process where interest is calculated upon previously earned interest and…
Interest calculated on principal and accumulated interest….
Insurance designed to pay for the repair or replacement of the policy owner’s…
Term used for a variety of insurance policies providing broad protection.
In retail, sales at stores which have been open for more than one year. This…
A firm’s chief accountant. Also known as controller.
Having the characteristic of being mandatory.
A syndicate’s per-share compensation.
The legal seizure of private property by government authorities for public…
A form of property ownership in which each owner holds title to his/her individual…
An options strategy similar to a butterfly spread. The only difference is that…
An entity that assumes debt in order to provide a securities loan to another…
A separate IRA established pursuant to a rollover from a qualified retirement…
The idea that qualifying investment firms and REITs should be allowed to avoid…
A composite index used to forecast short to mid-term growth in the Australian…
A phone call for analysts, institutional investors and individual investors…
Euro-zone Confidence and Sentiment Indicators – Euro-zone Based on the results…
Overview – Confidence & sentiment reports give insight into business…
A scam by a con artist. Also known as confidence game. Also known as con game.
A gauge on the mood of consumers or businesses. Typically based upon surveys,…
Statistical gauge of the number of times out of 100 that test results can be…
An agreement designed to protect trade secrets and expertise from being misused by those who have learned of them.
The written statement acknowledging a securities transaction. More generally,…
A document displaying signatures which are printed or typed, rather than signed by hand
A loan which meets the standards of the lender. Opposite of non-conforming loan.
A scam by a con artist. Also known as confidence game.
A technical analysis term for a series of trading sessions in which little or no price movement occurs.
A corporation consisting of several firms in different businesses. Such a structure…
The currency of Congo.See GoCurrency World Currencies Page & Currency Converter
The forecasts for a given firm, taken in aggregate, for all analysts who follow that firm.
A quantitative measure of the average analyst recommendation for a given stock….
To be cautious or risk averse in an investment strategy. Preservation of capital…
An investment strategy whose intention is long-term capital appreciation with…
A guardian or protector who is appointed by a court to manage the affairs of…
Something of value, such as money or personal services, given by one party to…
An arrangement under which items are delivered by a consignor to a consignee…
This is a bond that never reaches maturity but instead pays a steady stream…
A bond issued to replace multiple earlier bonds. It is issued in order to simplify…
A financial statement which is a composite of a holding company and its subsidiaries….
A ticker tape including quotes for both the NYSE and AMEX stocks. The consolidated…
Aggregate statement of annual revenue for the companies in an affiliated group….
The combining of separate companies, functional areas, or product lines. This…
The process of combining a number of loans and other liabilities into one loan….
A group of individuals or companies formed that undertake an enterprise or activity…
GDP measured in constant real dollars in order to eliminate the effects of inflation. It does not reflect nominal dollar values.
An investment strategy designed to reduce volatility. This strategy involves…
The expression of units of currency in terms of a designated base year value…
An investment strategy in which the portfolio’s composition by asset class is…
Measures total expenditure on buildings and structures in Germany , is a major…
This report provides information on how many orders were received by construction…
A monthly gauge of construction sector activity. The CIPS PMI asks executives…
A measure of construction output and activity in the Euro Zone. Increased construction…
Construction spending gauges the level of construction activity in the United…
This report provides information on how many new buildings are to be constructed…
This report provides information on how many new buildings are to be constructed…
Measures the value of all construction completed in Australia during the previous…
According to the IRS, the date when a taxpayer received income. This is interpreted…
User of goods. Goods consist of both products and services. This term refers…
Institution that provides a variety of services including accepting deposits,…
Consumer confidence is a measure of popular sentiment concerning the Japanese…
Consumer confidence is a measure of popular sentiment concerning the French…
Assessment of consumer sentiment regarding business conditions, employment and…
Debt incurred for the purpose of buying a good. This good may consist of either…
Measures the outstanding debt held by consumers. Consumer Credit levels coincide…
An investment note issued by a financial institution and sold directly to the…
Debt that has been incurred primarily for the purchase of consumer goods. Interest payments are not deductible on these debts.
Long-term consumer goods. Long-term is defined as three or more years. Examples…
Goods employed for personal use. This may refer to either products or services….
Interest incurred on personal loans and consumer credit. This type of interest…
The Consumer Price Index is one of the leading economic gauges to measure the…
The headline inflation gauge for Australia . Simply put, inflation reflects…
The key gauge for inflation in Canada . Simply put, inflation reflects a decline…
CPI is the key gauge for inflation in the Euro Zone. Inflation, simply put,…
The weighted average of prices for a predetermined basket of consumer goods…
National Consumer Price Index (CPI) is the key gauge for inflation in Japan….
It is the key gauge for inflation in Switzerland . Simply put, inflation reflects…
Measures the change in prices for retail goods and services, including food…
Assesses changes in the cost of living by measuring changes in the prices of…
Assesses changes in the cost of living by measuring changes in the prices of…
CPI assesses changes in the cost of living by measuring changes consumer pay…
An agency that collects and sells information about the creditworthiness of…
The portion of a firm, as represented by an amount of its stock, that produces…
The use of a good until it has been exhausted. The good may consist of a product…
The portion of GDP that is solely contributed by the consumption of consumer…
When an economic crisis in one country’s bond or equity markets spreads to other…
A condition in which distant delivery prices for futures exceed spot prices….
An event that may or may not occur. More specifically, this is a possible but…
A fund that guards against potential events before they occur. Companies may…
An order that is executed only if one or more specified conditions are met….
See ‘contingency.’
Individual designated as the receiver of the benefits of an insurance policy…
Abbreviated ‘CDSC.’ A back-end load charge applied exclusively in the event…
A liability for which payment may or may not come to pass…
An order which is to be executed only if another order is executed first. An…
Future property ownership that depends upon the fulfillment of a set of specified…
Continuation Patterns Bearish Continuation Patterns Bullish…
The process of earning interest constantly. Essentially this means earning…
Book inventory that is continuously in agreement with stock on hand during specified…
A market with activity sufficient to assure a normal-sized trade can be made at any time without affecting the current market price.
The broker facilitating the opposite side of a transaction. For example, this…
The broker on the buy side of an order to sell or on the sell side of an order to buy.
A binding agreement between two or more parties for performing, or refraining…
One member of a stock exchange that facilitates transactions for others. Facilitating…
A contract which specifies a certain number of monthly payments before a property…
The standard grades of commodities or instruments as determined by the government…
A period of general economic decline. Contractions are a part of the business…
A board of trade facilitating transactions involving futures or options contracts….
A futures contract expires during this month. Delivery may also take place…
A person or business which provides goods or services to another entity under…
A contract according to whose terms, a property title is transferred only after…
The quantity of an underlying security that the holder of an option has the…
In opposition to the direction of the market as a whole.A position is contra…
In opposition to the direction of the market as a whole…
An investor whose actions conflict with conventional wisdom. Examples include…
Capital received from investors for stock, equal to capital stock plus contributed…
Payment made to a retirement plan or an annuity. Another definition is the…
Contribution margin is the calculation that gives the profitability of an individual…
A company with the majority of its voting shares held by another company.
A firm’s chief accountant. Also known as controller. Also known as comptroller.
The ownership of more than 50% of a firm’s voting stock; or a significant fraction,…
The shares held by an entity that compose a majority of the outstanding shares…
The value of items sold at small convenience stores, based on a monthly industry…
A conventional, or Fixed-Rate Mortgage (FRM) is a loan where the interest rate…
An annual statement that must be filed by life insurance firms in each state…
The coming together of futures prices and cash market prices on the final trading…
The process of converting a convertible security, such as a bond or preferred stock, into common stock.
A risk-free transaction in which an investor purchases a put and writes a call…
A feature on some bonds and preferred stock issues allowing the holder to convert the shares into common stock.
The price that an investor effectively pays for common stock by purchasing a…
The dollar or percentage amount by which the price of the convertible security…
The price at which a given convertible security can be converted to common stock….
A type of insurance policy in which the insurer is required to renew the policy…
The number of shares of common stock that could be obtained by converting each share of a convertible security.
The value of a convertible security if it is converted immediately.
A security witht the characteristic of being exchanged for a specified amount…
A strategy involving the purchase of convertible securities and the subsequent…
An adjustable rate mortgage that can be converted to a fixed-rate mortgage under certain circumstances.
A corporate bond, generally a junior debenture, that can be exchanged, at the…
A type of currency that can be quickly and easily bought and sold for other currencies.
A type of debenture that can be converted into stock at the option of the holder…
Security which can be exchanged for a specified amount of another, related security,…
A Eurobond which can be converted into another asset, often through the exercise of attached warrants.
An arbitrage strategy which involves buying a convertible security while simultaneously…
Preferred stock that can be converted into a specified amount of common stock at the holder’s option.
Bond, preferred stock, or debenture that is exchangeable at the option of the holder for common stock of the issuing corporation.
An insurance policy in which the insurer is required to renew the policy for…
Bowed, as in the shape of a curve. Generally refers to the price/yield relationship for interest-bearing bonds.
A volatility measure for bonds used in conjunction with modified duration in…
The transferring of a property title from one individual to another.
Acronym for Chief Operating Officer. The executive who is responsible for the day-to-day management of a firm.
A sometimes questionable corporate accounting practice of taking reserves against…
Corporate slang for adjusting accounting records to portray a fraudulent or…
The period after a firm’s prospectus has been filed with the SEC and before…
A type of common property ownership, such as when the residents of a multi-unit…
The currency of Colombia. ISO international currency code: COP. Learn…
The amount an insured person is expected to pay for a medical expense at the time of the visit.
The exclusive right to make and dispose of copies of a literary, musical, or artistic work.
The capital a thrift is required to have in order to comply with the Federal Home Loan Bank’s rules.
A substantial long-term holding in a portfolio or fund. A core holding is bought…
The illegal practice of attempting to purchase a sufficient amount of a commodity or security to manipulate its price.
Pertaining to corporations. Corporations are the most common form of business…
Any event initiated by a corporation which impacts its shareholders. For some…
A trust firm which acts as an agent for corporations and government entities.
A type of bond issued by a corporation. Corporate bonds often pay higher rates…
The semi-annual rate of return that would provide the same overall return as…
A document, filed with a U.S. state by a corporation’s founders, describing…
A trust institution serving in a fiduciary capacity, such as executor, administrator, trustee or guardian.
The Corporate Financing Committee is a standing committee within the National…
A generic term which describes the ways in which rights and responsibilities…
The purchase of a long position to offset a short position. Also known as buyback.
An instrument that signifies an ownership position, or equity, in a corporation,…
A trust created by a corporation, often to secure a bond issue.
A subsidiary of a large corporation which makes venture capital investments.
The most common form of business organization, and one which is chartered by…
The principal amount of a debt instrument, or the underlying assets in a trust.
A reversal of the prevailing trend. The term is commonly used to describe…
A relationship between two distinct variables.
A Correlation Coefficient is a number between -1 and 1, gauging the degree to…
The system through which loan correspondents originate and administer loans
A bank, brokerage or other financial institution that performs services for…
An individual other than the borrower who signs a promissory note and thereby…
The total money, time and resources associated with a purchase or activity.
The process of identifying and evaluating production costs.
The currency of Costa Rica. ISO international currency code: CRC…
Purchase price, including commissions and other expenses, used to determine capital gains and capital losses for tax purposes.
A technique designed to determine the feasibility of a project or plan by quantifying its costs and benefits.
An accounting system established to monitor a firm’s costs, providing management with information on operations and performance.
The opportunity cost of an investment; that is, the rate of return that a firm…
The expenses borne while a position is being held; for example, interest on…
The interest rate a firm is paying on all of its debt, such as loans and bonds.
The rate of return required by a firm’s common stockholders. ,
The interest cost that a financial institution must pay for the use of money.,
Abbreviated as COGS, which refers to an income statement figure which reflects…
Abbreviated as COLA, which refers to an annual adjustment in wages to offset…
An option that permits an insurance policy holder to purchase increasing term…
On an income statement, the cost of purchasing raw materials and manufacturing…
An option that permits an insurance policy holder to purchase increasing term…
An industry where the creation of products and services is home-based, rather…
A group of economic advisers appointed by the President to help formulate economic…
A claim against the claimant in arbitration.,
Moving in the opposite direction of the overall economic cycle: rising when…
To cancel an order which has not yet been executed.,
An offer made in response to another offer.,
Counterparty risk refers to the danger either side of an agreement will not…
When speaking of international investments, this refers to the added risk associated…
An offer made in response to another offer.,
An unregistered, negotiable bond on which interest and principal are payable…
The purchase of treasury notes or bonds from dealers by the Federal Reserve.
The interest rate stated on a bond, note or other fixed income security, expressed…
In statistics, the correlation between two variables times the standard deviation of each.
A clause in a contract that requires one party to do, or refrain from doing,…
To repurchase a previously sold contract. Also known as short cover.
The tracking of a stock by an analyst. The initiation of coverage leads to the…
When a research firm begins coverage on a particular stock or sector.
A measure of a corporation’s ability to meet a particular expense.
Abbreviated as ESA, refers to an investment vehicle designed to help parents…
Arbitrage involving investments denominated in different currencies, using forward cover to reduce or eliminate currency risk.
The selling of a call option while simultaneously holding an equivalent position…
An option contract backed by the shares underlying the option. The two types are covered call and covered put.
The selling of a put option while being short an equivalent amount in the underlying security.
A straddle constructed on shares of stock already owned by the holder. A covered…
Acronym for Certified Public Accountant. An individual who has received state certification to practice accounting.
An early estimate of Euro-zone inflation. The figure uses available data in…
A commodity-product spread involving the purchase of crude oil futures and the sale of gasoline and heating oil futures.
A bankruptcy court’s enforcement of a reorganization plan despite the objections of some creditors.
A precipitous drop in market prices or economic conditions.
The name for the period lasting from October 29th to November 13th in 1929 during…
Refers to October 19, 1987, the day on which the DJIA fell 508 points (22%). Also known as Black Monday.
The currency of Costa Rica. ISO international currency code: CRC. Learn…
Acronym for Central Registration Depository. A computerized database with information…
1. In accounting, an entry which either reduces an asset or increases a liability….
A firm which collects information about the creditworthiness of individuals…
The process of evaluating an applicant’s loan request or a corporation’s debt…
One who performs credit analysis. Credit analysis is the process of evaluating…
The amount remaining in a cash account or margin account after all securities have been paid for…
An agency which collects and sells information about the creditworthiness of…
Any card that may be used repeatedly to borrow money or buy products and services…
The process of evaluating an applicant’s loan request or a corporation’s debt…
A specific kind of counterparty agreement which allows the transfer of third…
A contract between two parties that allows for the use of a derivative instrument…
The process of reducing credit risk by requiring collateral, insurance, or other…
A record of an individual’s or firm’s past borrowing and repaying behavior….
A promissory note or written evidence of a debtor’s obligation.
A type of insurance protecting against generally large losses from unpaid accounts receivable.
A type of insurance, often bought by mortgagors, in which the amount of the…
The maximum amount of credit that a bank or other lender will extend to a customer,…
An arrangement in which a bank or vendor extends a specified amount of unsecured…
An individual or organization that extends credit to others.
A sales order received without payment.
A published ranking, based on detailed financial analysis by a credit bureau,…
A report containing detailed information on an individual’s credit history,…
The possibility that a bond issuer will default, by failing to repay principal…
A measure of credit risk calculated from a credit report using a standardized…
A statistical technique used to determine whether to extend credit (and if so,…
A spread option position in which the price of the option sold is greater than the price of the option bought.
Government measures designed to limit the supply of credit in the economy, in…
A non-profit financial institution that is owned and operated entirely by its…
A creditor’s measure of an individual’s or firm’s ability to meet debt obligations.
A strategy in which a group of individuals gradually acquires target firm shares…
The size at which a business or market undergoes a fundamental change in regard…
Acronym for Customer Relationship Management. Those aspects of a business strategy…
The official currency of Croatia. Learn more about the Croatian Kuna and Croatia at GoCurrency.com
The calendar year over which a commodity crop is produced. This is different…
When collateral for one loan is also serving as collateral for other loans….
A practice in which a broker offsets buy and sell orders without recording the…
Hedging one instrument’s risk with a different by taking a position is a related…
A situation in which a broker acts as agent on both sides of a given transaction….
A mutual fund that invests in both public and private equity.
The strategy of pushing new products to current customers based on their past…
The group of brokers who perform securities transactions on an exchange floor….
A situation in which the government is borrowing heavily while businesses and…
A corporation that was established by a country’s government.
A commodity product spread involving the purchase of soybean futures and the…
The currency of Serbia. ISO international currency code: CSD. Learn more about Serbia and the Serbian Dinar at GoCurrency.com
Mutual fund shares of a class that carries an ongoing fee. The ongoing fee is often a 12b-1 fee, paid annually.
Acronym for Commodity Trading Advisor, which refers to an individual or firm…
The currency of Cuba. ISO international currency code: CUP. Learn more about Cuba and the Cuban Peso at GoCurrency.com
An arrangement in which a payment not made when due is carried over to the following…
A dividend paid on cumulative preference shares, that the firm is liable for…
A preferred stock on which dividends accrue in the event that the issuer does…
Actual, non-annualized performance over a given period of time.
A voting system that gives minority shareholders more power, by allowing them…
1. The currency of Cuba. ISO international currency code: CUP. Learn…
A pattern on a bar chart that is in the shape of the letter “”U”" over a period…
A temporary restriction in trading, in a particular security, generally to reduce…
The term used to describe when trading curbs are in effect.
The term used to describe when trading curbs are no longer in effect.
A provision in a contract allowing a defaulting party to fix the cause of a default, for example a repayment grace period.
Currency: Any form of money, including paper notes and coins, which is issued…
The ability to exchange money for gold or other currencies. Some governments…
Any changes in the value of one currency relative to another.
Because the value of one currency is only relevant when put in terms of another,…
The risk that a business’ operations or an investment’s value will be affected…
An arrangement in which two parties exchange specific amounts of different currencies…
The The Current Account summarizes the flow of goods, services, income and transfer…
Describes the flow of all goods and services, income, and transfer payments…
The Current Account Balance Summarizes the flow of goods, services, income and…
Summarizes the flow of goods and services, income payments, and transfers in…
Summarizes the flow of goods, services, income and transfer payments in and…
The French Current Account is the sum of the trade balance on goods and services,…
The German Current Account acts as a gauge for how Germany’s economy interacts…
Describes the flow of all goods and services, income, and transfer payments…
The Japanese current account balance, called the Current Account Total, summarizes…
Summarizes the flow of all goods, services, income, and transfer payments…
A balance sheet item which equals the sum of cash and cash equivalents, accounts…
Current assets minus current liabilities. Current capital is the part of a firm’s…
A bond with a coupon within 0.5% above or below current market rates.
A balance sheet item which equals the sum of all money owed by a firm and due…
A form of futures contract that requires delivery of the underlying commodity…
Current dollar GDP reflects Gross Domestic Product that has been controlled…
Value of an asset in terms of today’s price level. For example, if a TV cost…
Money that is regularly received from investments, such as dividends and interest.
1 MarketingMost recent issue of a periodical on sale. Current issues usually…
A balance sheet item which equals the sum of all money owed by a firm and due…
The largest amount any buyer is currently willing to pay for a bond. This amount…
Current maturity is the amount of time between now and the maturity date of…
The highest interest rate permitted on current GNMA mortgage-backed securities,…
An indication of a firm’s ability to meet short-term debt obligations; the higher…
In terms of investment returns, current yield divides the yearly income (dividends…
A characteristic of some callable bonds in which the bonds may not be called…
Acronym for Committee on Uniform Securities Identification Procedures. The committee…
A nine-character number that uniquely identifies a particular security. CUSIP…
An account which is created for the benefit of a minor, generally at a bank,…
Entitlement to the supervision, guardianship, or custodianship of an individuals’…
Entitlement to the supervision, guardianship, or custodianship of an individuals’…
A procedure normally followed in a business situation, and which may carry as…
A person, company, or other entity which buys goods and services produced by…
An SEC rule requiring broker/dealers to establish separate reserve accounts…
Abbreviated as CRM. Those aspects of a business strategy which relate to techniques…
Federal agency responsible for monitoring imported goods and collecting duties.
The cutoff point is where an investor decides whether a security is, or is not…
c customer customer protection rule Customer Relationship Management customs cutoff point CVE cycle cyclical cyclical industry cyclical stock cyclical unemployment The currency of Cape Verde. ISO international currency code: CVE. A former Portuguese colony, Cape Verde now pegs its currency to the Euro Related Words Euro Euro Euro
One complete up and down movement in economic or market conditions.
A term used to express something that happens on a regular basis. Something…
An industry which is sensitive to business cycles and whose performance is tied…
The stock of a firm which is sensitive to business cycles and whose performance…
A change in unemployment levels that can be tied to cyclical economic changes…
The currency of Cyprus. ISO international currency code: CYP. Learn…
The currency of Cyprus. ISO international currency code: CYP. Learn…
The currency of Czech Republic. ISO international currency code: CZK.
The currency of Czech Republic. ISO international currency code: CZK.