- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Interest calculated as a simple percentage of the original principal amount. Compare to compound interest.
Industry:Financial services
An order to unwind a position when the price moves against you. For example, you had purchased a stock, the stop-loss order would be to sell the stock when the price falls to a specified level. If you were short the asset, the stop-loss would trigger a purchase.
Industry:Financial services
Buy stock by accepting a floor broker's (listed) or dealer's (OTC) offer at an agreed-upon volume. Antithesis of hit the bid.
Industry:Financial services
A tax-deferred retirement savings plan similar to a conventional 401(k) plan, redesigned with specific rules to meet the needs of small employers. The Small Business Job Protection Act of 1996 created these plans for companies with fewer than 100 employees. An employee's contributions are indexed for inflation, and employers must make annual matching contributions.
Industry:Financial services
A salary deduction plan for retirement benefits provided by some small companies with no more than 100 employees.
Industry:Financial services
An order to buy or sell at the market when a definite price is reached, either above (on a buy) or below (on a sell) the price that prevailed when the order was given.
Industry:Financial services
A cash surplus generated by the sale of one block of securities and the purchase of another, e.g., selling a block of bonds at 99 and buying another block at 95. Also, a bid made to a seller of a security that is designed (and generally agreed) to take the seller out of the market.
Industry:Financial services
Work out of one's long position (usually created by committing firm principal to complete a trade block trade) by selling stock. Antithesis of "buy them back."
Industry:Financial services
National- or state-chartered institution that accepts savings deposits and invests the bulk of the funds thus received in mortgages.
Industry:Financial services