
The amount stated on an insurance policy, to be paid upon death or maturity.
A debt security issued by a type of mutual fund called a face amount certificate firm
The nominal dollar amount assigned to a security by the issuer
The creation of a market. In the case of securities, this function is performed by market makers.
Any detailed information about a product’s history.
A firm engaged in the business of financing accounts receivable, an activity known as factoring.
The selling of a firm’s accounts receivable, at a discount, to a factor, who then assumes the credit risk of the account debtors and receives cash as the debtors settle their accounts.
The resources used in producing the goods and services created in an economy.
A building or a group of buildings designed to produce goods on an efficient, large scale.
Measures the total change in orders placed at domestic manufacturers.
Dollar volume of new orders, shipments, unfilled orders and inventories as reported by domestic manufacturers.
for Free Application for Federal Student Aid, which refers to a form required by the government for application to any federal education aid program.
An action taken to avoid a disaster.
A Federal law providing individuals the right to examine their own credit history.
A 1977 federal law that serves to regulate collection agencies.
A stock or other investment which is perceived by a given investor to be trading close to its actual value.
The price that an interested but not desperate buyer would be willing to pay and an interested but not desperate seller would be willing to accept on the open market assuming a reasonable period of time for an agreement to arise.
The professional opinion of an investment bank, provided for a fee, regarding the fairness of a price offered in a merger or takeover.
A valuation, in accordance with standard methodology, that is reasonable to all parties involved in a transaction in light of all pre-existing conditions and circumstances.
A large, quick, temporary rise or fall in price.
The official currency of the Falkland Islands.
A bond which was investment-grade when issued but which is now of significantly lower quality.
A stock whose price has been dropping quickly. The implication is that the investor believes the stock will continue to fall and should not be bought until the stock is done falling.
A mutual fund firm offering many mutual funds, for various objectives.
FNMA or Fannie Mae.
The month of an option contract or futures contract which has the latest delivery date.
The currency of Faroe Island.
The part of an option spread which has the later expiration date.
for Financial Accounting Standards Board. Independent agency which establishes GAAP.
Having exports which exceed imports.
for Federal Communications Commission. A U.S. government agency charged with the task of regulating all forms of interstate and international communication.
for Federal Deposit Insurance Corporation.
Possible, doable.
The 7-member Board of Governors that oversees Federal Reserve Banks, establishes monetary policy (interest rates, credit, etc.), and monitors the economic health of the country.
The way the Federal Open Markets Committee announces its perspective on the current state of inflation in the economy.
The head of the Federal Reserve Board, who is named by the U.S. President from a list of candidates approved by the Senate.
Relating to the national government or union of states.
A Federal Reserve Board regulation that governs customer cash accounts and the extension of credit by broker/dealers to customers to purchase and carry securities.
as FCC, refers to a U.S. government agency charged with the task of regulating all forms of interstate and international communication.
The amount by which a government’s expenditures exceed its tax revenues.
The amount by which a government’s expenditures exceed its tax revenues.
as FDIC, refers to a federal agency that insures deposits in member banks and thrifts up to $100,000.
Funds deposited by commercial banks at Federal Reserve Banks.
Federal Funds Rate (or Fed Funds Rate) – the interest rate banks charge other banks to borrow money.
FHLMC or Freddie Mac. The Federal Home Loan Mortgage Corporation is the government-chartered corporation
FHA. The Federal Housing Administration is the government-agency
TIN, or Federal Tax ID Number. A TIN is a government issued number assigned to businesses for tax reporting purposes.
FICA, as the Act is commonly referred, is a law requiring employers to withhold from employee wages to make payments to a trust fund for Social Security retirement benefits and Medicare benefits for the indigent medical care.
FNMA or Fannie Mae. Originally set up by congress in 1938 to aid the US housing market during the depression
The Federal Reserve controls the cost and availability of money through actions decided by the Federal Open Market Committee
The regional banks were establish to supervising member banks in their areas, and aid in the setting national monetary policy.
The Board of Governors is a managing body of the Federal Reserve System. The Federal Reserve Board is empowered by the US Government to set policy on banking regulation and the money supply
The interest rate charged to borrow directly from the Federal Reserve Bank to meet regulator reserve requirements.
American Cash. A Federal Reserve Notes is paper currency issued by Federal Reserve Banks to facilitate the public’s needs for a monetary medium of exchange.
Banks accepts deposits, lending out a portion of those funds to borrowers in order to earn interest payments.
The Federal Reserve is the central bank of the United States, setting monetary policy and broadly ensuring the stability and development of the US financial system.
A federally chartered institution whose purpose is to collect savings deposits and provide residential mortgage loans.
The federal government’s budget surplus; that is, the extent to which government revenues exceed government spending.
The Social Security number of an individual or the Employer Identification Number of a business, fiduciary or other organization.
A lien against all assets of a delinquent taxpayer.
FTC. Federal agency whose purpose is to encourage free enterprise and prevent restraint of trade and monopolies.
FIBV. The organization of the world’s stock markets, headquartered in Paris. FIBV encourages cooperative policies designed to stimulate a free flow of capital across national boundaries.
Funds deposited by commercial banks at Federal Reserve Banks. By requiring banks to set aside some funds (preventing that portion from being lent out)
The seven members of the Board of Governors have voting power in all three monetary tools of the Federal Reserve- open market operations, the discount rate, and reserve requirements.
Federal Reserve action designed to make more credit available by adding reserves to the banking system.
There are 12 Federal Reserve Presidents, each from a different district of the country. All Reserve Bank Presidents attend the meetings of the Federal Open Market Committee
A charge for services rendered.
The financial planning services which are paid for on a flat fee or an hourly basis, rather than on a commission basis, in order to eliminate potential conflicts of interest.
A health insurance plan that allows the holder to make almost all health care decisions independently.
A financial measure used by REITs to define their operating performance. FFO is calculated by adding depreciation and amortization expenses to earnings.
A government agency whose primary purpose is to insure residential mortgage loans.
A type of government mortgage that is insured by the Federal Housing Administration (FHA).
Abbreviation for Federal Home Loan Mortgage Corporation. Government-chartered…
Money which has no intrinsic value and cannot be redeemed for specie or any…
The Fibonacci sequence, named for its discoverer Leonardo Fibonacci, forms the…
The Fibonacci sequence, named for its discoverer Leonardo Fibonacci, forms the…
Abbreviation for Federation Internationale des Bourses de Valeurs. The organization…
Abbreviation for The federal law which requires employers to withhold a portion…
Acronym for Fair Isaac Credit Organization credit score.
A credit balance in a securities margin account representing short sale proceeds and the Regulation T margin requirement.
A debt obligation serving to protect an employer from loss in the event that…
An individual, corporation or association holding assets for another party,…
Abbreviation for First In First Out. A method of valuing the cost of goods sold…
The official currency of Fiji. Learn more about the Fijian dollar and Fiji at GoCurrency.com
Depositing a document, generally a financing statement, in a public office and thereby making it available to the public.
The types of taxpayers: single, married filing jointly, married filing separately,…
To execute an order or buy or sell a security or commodity.
An order given to a broker that must immediately be filled in its entirety or,…
The ISO currency code for the Finnish Markka.
Abbreviation for Federal ID Number, which refers to a number assigned to a business for tax reporting purposes.
A document containing information on a new issue, including the delivery date,…
Any charge for credit.
A firm which makes loans to individuals and/or businesses.
Pertaining to finance.
Abbreviated as FASB, refers to an independent agency which establishes GAAP.
An individual or organization employed by an individual or mutual fund to manage…
An employee of a bank, brokerage, advisor, or mutual fund who studies firms…
A non-physical asset, such as a security, certificate, or bank balance. Opposite of non-financial asset.
Funds which are available to acquire real capital.
The status of a firm’s assets, liabilities and equity positions at a specific…
A futures contracts based on financial instruments, such as Treasury Bonds, CDs, currencies or indexes.
Institution which collects funds from the public and places them in financial…
An instrument having monetary value or recording a monetary transaction.
In finance, leverage is the general term used to describe the ratio between…
A market for the exchange of capital and credit, including the money markets and the capital markets.
The technique used to determine how much life insurance is required, by considering the future needs of the policy’s beneficiaries.
An investment professional who helps individuals set and achieve their long-term…
An investment professional who helps individuals set and achieve their long-term…
The possibility that a bond issuer will default, by failing to repay principal…
A written report which quantitatively describes the financial health of a firm….
The right side of a firm’s balance sheet, detailing how its assets are financed, including debt and equity issues.
One who makes a living participating in commercial financing activities.
Providing the necessary capital.
Cash flows generated through debt and equity financing.
A fee paid to someone who acts as an intermediary for a client in a transaction.
Securities with little or no risk-free.
Manufactured products which ready for sale and delivery to the marketplace.
Abbreviated as REIT. REIT which plans to liquidate all of its holdings by a…
The former currency of Finland until 1 January 1999, when it was superseded…
The separation of banking and broker/dealer activities within the same financial…
Any business, such as a sole proprietorship, partnership or corporation.
A formal offer by a lender making explicit the terms under which it agrees to…
An arrangement in which an underwriter assumes the risk of bringing a new securities…
A client order which is not subject to cancellation, or an order to buy or sell for a broker-dealer’s own account.
A price which is not negotiable.
Any round lot bid or offer from a Market Maker other than a nominal quotation.
The delivery dates for futures as determined by the appropriate futures exchange.
The first date on which a callable bond may be redeemed, specified in its indenture.
Abbreviated as FIFO, refers to a method of valuing the cost of goods sold that…
The mortgage that has first claim in the event of a default.
The first day that a buyer of a futures contract can be called upon to take delivery.
The first day that a buyer of a futures contract can be called upon to take delivery.
Preferred stock which takes precedence over other preferred and common stock with regard to dividends and assets.
The first investment in a firm made by external investors.
Pertaining to money, especially government taxation and spending policies.
A bank or trust firm which handles fiscal matters for a corporation, including…
Fiscal policy is the deliberate change in a governmentâ??s spending, taxation…
An accounting period of 12 months used by companies and government organizations…
The setting of a commodity’s current or future price by a government.
Unchanging, set, not variable.
An investment vehicle offered by an insurance firm, that guarantees a stream…
A long-term, tangible asset held for business use and not expected to be converted…
Insurance payments to a beneficiary which are of a set, unchanging amount.
A budget which is made without regard to potential variations in business activity….
A cost that does not vary depending on production or sales levels, such as rent, property tax, insurance, or interest expense.
See fixed cost.
Fixed Income in finance refers to securities that offer constant and predictable…
A convertible security for which the market price of the common stock is so…
See unit investment trust. Also known as unit investment trust or participating trust or fixed investment trust.
Periodic, equal-sized payments made to an insurance firm for an insurance policy or annuity.
See unit investment trust. Also known as unit investment trust or participating trust or fixed investment trust.
Periodic, equal-sized payments made to an insurance firm for an insurance policy or annuity.
A loan in which the interest rate does not change during the entire term of the loan. Opposite of adjustable rate.
A loan in which the interest rate does not change during the entire term of…
Fixed-Rate Mortgage (FRM) is a loan where the interest rate is locked for the…
In real estate, a part of a piece of property that is permanently attached so…
The ISO currency code for the Fijan Dollar.Learn more about the Fijan Dollar and Fiji at GoCurrency.com
The official currency of the Falkland Islands. Learn more about the Falkland…
A technical analysis term referring to a chart pattern created when a steep…
The value of a security that is used when volume is so high that the tape cannot…
A price that is neither rising nor falling; Also known as sideways.
A description of an absolute amount, as opposed to an amount determined as a function of another amount, such as a percentage.
A price per unit which remains constant regardless of the total number of units purchased.
A system in which all levels of income are taxed at the same rate.
A yield curve showing the same yield for short-maturity and long-maturity bonds. Also known as even yield curve.
A benefits plan that allows employees to select from a pool of choices, some…
A set of revenue and expense projections at various production or sales volumes….
An expense that can be adjusted or eliminated, such as for luxury items, such as clothes or CDs. Opposite of flexible expense.
A benefit offered to an employee by an employer which allows a fixed amount…
A high-risk investment or business opportunity.
The flow of funds from riskier to safer investments in times of marketplace…
A note which enables investors to switch between two different kinds of debt.
The practice of purchasing initial public offerings at the offering price and…
The number of shares of a security that are outstanding and available for trading by the public.
A fixed income instrument which has a coupon rate or interest rate that varies…
Continuously refinanced short-term debt for a firm’s ongoing operations. The…
The currency exchange rate which is determined by free market forces, rather than being fixed by a government.
A general lien against a set of assets, such as inventory or accounts receivable,…
Any interest rate that changes on a periodic basis. The change is generally…
A bond whose interest is pegged to a benchmark, such as the Treasury Bill rate, and adjusted periodically.
The lowest possible price limit set by market makers, regulatory bodies or controlling…
The lowest possible price limit set by market makers, regulatory bodies or controlling…
An exchange member who executes orders on the floor of an exchange on behalf…
A minimum amount that a lender is willing to loan.
An exchange member who executes orders on the floor for his or her own account. Also known as a local.
Going public to raise equity financing and to allow the original owners and early investors to realize some of their gains.
The costs of issuing a new security, including the money investment bankers…
For municipal bonds, a statement that specifies the priorities for which the…
To change in price, value, or rate.
The highest and lowest prices that a commodity or option is permitted to reach…
FNMA or Fannie Mae. Originally set up by congress in 1938 to aid the US housing…
Abbreviation for Free On Board, which refers to a shipping term which indicates…
A mutual fund that holds large positions in a small number of stocks. While…
An order given to a broker that must immediately be filled in its entirety or,…
An offering of shares after a firm’s initial public offering. Also known as subsequent offering.
Abbreviation for Federal Open Market Committee. A 12-member committee which…
The announcement of whether the Federal Reserve has increased, decreased…
Measures the price change of food and food services purchased by households….
A lender’s postponement of foreclosure in order to give the borrower time an opportunity to make up for overdue payments.
An annual listing by Forbes magazine of the top 500 public firms in the U.S. ranked by sales, assets, earnings, and capitalization.
An action resulting in the calling in of a convertible security against the…
An estimate future trends by examining and analyzing available information.
The legal process by which an owner’s right to a property is terminated, generally…
A corporation which was incorporated under the laws of a foreign country. Also known as alien corporation.
An option which gives the owner the right to buy or sell the indicated amount…
The money one country owes to another country, as a result of loans and/or a negative balance of trade.
Any kind of direct investment in productive assets by a firm incorporated in…
Foreign Exchange is the trade of one national currency and takes place “over…
FX and Forex refer to Foreign Exchange, the exchange of one currency for another….
The rate at which one currency may be converted into another. Also known as…
A loss of money, property, or privileges due to a breach of legal obligation,…
An illegal modification or reproduction of an instrument, document, signature,…
A document required by the SEC and the appropriate stock exchange to announce…
A document required by the SEC and the appropriate stock exchange to announce…
A document required by the SEC to announce certain significant changes in a…
An audited document required by the SEC and sent to a public firm’s or mutual…
An unaudited document required by the SEC for all U.S. public firms, reporting…
A registration statement used in the initial public offering of securities.
A NASD-required form that is used by brokers to report equity transactions after the market’s usual hours.
An investment strategy which eliminates emotional decisions by following a specific…
An annual list of the 500 largest industrial corporations in the U.S., published…
A contract obligating one party to buy and another other party to sell a financial…
A method of calculating taxes on a lump-sum distribution from a qualified retirement…
A sale or purchase of a security at a specified price, with delivery and cash settlement to occur at a specified future date.
A cash market transaction in which a seller agrees to deliver a specific cash…
The purchase of a cash commodity in order to cover the obligation of a forward contract.
A transaction consisting of a purchase or sale (often of foreign currency) with…
The percentage difference, in annualized terms, between forward rates and spot rates.
Condition in which a currency’s forward price is lower than its spot price.
The exchange rate set today for a foreign currency transaction with payment or delivery at some future date.
The expansion of a business’ products and/or services to similiar areas in order…
An interest rate which is specified now for a loan that will occur at a specified…
Also known as Price/earnings ratio, using earnings estimates for the next four quarters.
The price specified in a forward contract for a specific commodity. The forward…
The SEC requirement that open-end investment firms set their share price based…
Abbreviated as FRA, which refers to a forward contract that specifies an interest…
An agreement in which a lender sells a specific stream of future payment flows…
A trade for which settlement occurs at a specified future date and price.
An illegal activity in which a trader takes a position in equity in advance…
An entity which exists to support a charitable institution, and which is funded by an endowment or donations.
A mathematical analysis that attempts to find cycles within a time series of…
The direct trading of large blocks of securities between institutional investors…
The direct trading of large blocks of securities between institutional investors…
Abbreviation for Forward Rate Agreement, which refers to a forward contract…
A banking system in which only a fraction of the total deposits managed by a…
Less than a single share of stock. Fractional shares often result from stock…
A form of business organization in which a firm which already has a successful…
A government-granted monopoly. The most important reason for the government…
A tax, generally regressive, imposed by a state government on corporations chartered…
An intentional misrepresentation or concealment of information in order to deceive or mislead. It is illegal.
A title that is free of liens and legal questions as to ownership of the property…
Abbreviated as FAFSA, refers to a form required by the government for application…
A bond which is unpledged and can therefore be disposed of immediately.
Operating cash flow (net income plus amortization and depreciation) minus capital…
A transaction in which securities are delivered before any payment is made….
A business governed by the laws of supply and demand, not restrained by government…
Shares of a public firm that are freely available to the investing public.
A business governed by the laws of supply and demand, not restrained by government interference, regulation or subsidy.
A price determined purely by the forces of supply and demand without interference…
Abbreviated as FOB, refers to a shipping term which indicates that the supplier…
The withholding of part of a new securities issue by a syndicate member, with…
The ability to transfer stocks from one party to another without incurring a fee.
International business not restrained by government interference or regulation, such as duties.
Abbreviation for Finite-life REIT. REIT which plans to liquidate all of its…
The former currency of France until 1 January 1999, when it was superseded by…
The currency of French Guiana.See GoCurrency World Currencies Page & Currency Converter
The currency of The French Pacific Islands.
In the context of advertising, the number of times an individual is exposed…
The ISO currency code for the Andorran Franc.
A form of takeover supported by the management of the target firm. Opposite of hostile takeover.
An offering of stock to the friends and family of a pre-IPO startup in search…
A non-salary employee compensation.
Acronym for Fixed-Rate Mortgage, refers to a mortgage in which the interest…
The cash used to start a business.
A sales charge paid when an individual buys an investment, such as a mutual…
The cash used to start a business.
The revenue-generating sales force.
An illegal activity in which a trader takes a position in an equity in advance…
A bank account whose funds may not be withdrawn until a lien is satisfied or an ownership dispute is resolved.
A retirement plan to which no new contributions are being made. Previous contributions…
Abbreviation for Federal Trade Commission. Federal agency whose purpose is to…
Gauge for costs of homes in the United Kingdom. The FT House Price Index uses…
Abbreviation for The Financial Times Stock Exchange 100 stock index, a market…
Completion of a sales order.
Said of a bond trading with accrued interest.
A bond with a coupon rate above, at or just slightly below current market interest…
An obligation to disclose all the facts relevant to a business transaction or…
An unconditional commitment to pay interest and principal on debt, generally…
The normal unit of trading of a security; 100 shares of stock or 5 bonds. Also…
The price of a bond including accrued interest.
In venture capital, an investor protection provision which specifies that options…
A brokerage which, in addition to executing trades for its clients, also provides…
Stock with a par value of $100.
The distribution or withdrawal of the entire original investment account of…
The ability of a broker to handle a client’s account at the broker’s discretion,…
Of an asset, having already allocated the maximum allowable amount for the purposes of depreciation.
A new securities issue which has been completely resold to investors (not dealers).
Having no cash or cash equivalents in one’s portfolio.
A stock whose value is recognized by the marketplace and factored into its price…
Operational, working.
To finance or underwrite.
For a currency trader, fundamental analysis focuses on key underlying economic…
An investor who utilizes fundamental analysis.
Any factor that could be considered important to the understanding of a particular…
Any loans and obligations with a maturity of longer than one year; generally…
A mutual fund firm offering many mutual funds, for various objectives. Generally,…
The act of providing funds.
The individual responsible for making decisions pertaining to any portfolio…
A mutual fund which invests in other mutual funds. Just as a mutual fund invests…
To finance or underwrite.
Abbreviated as FFO, refers to a financial measure used by REITs to define their…
A brokerage firm that provides access to a variety of mutual funds from different…
Having the characteristic of being interchangeable. The term is often used to…
The month of an option contract or futures contract which has the latest delivery date. Also known as far month.
A standardized, transferable, exchange-traded contract that requires delivery…
An individual or organization accepting orders to buy or sell futures or futures…
A standardized, transferable, exchange-traded contract that requires delivery…
An option on a futures contract.
The price at which the two participants in a futures contract agree to transact at on the settlement date.
The value at some point in the future of a present amount of money.
FX is short form or trader jargon for Forex, or more specifically Foreign Exchange….
Unlike most other trading markets, the FX market is open for trade 24 hours…
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