- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The beneficiary of a transferable letter of credit who causes a bank to transfer the credit to another party.
Industry:Financial services
Individual investors who trade single securities independently or invest in intermediaries such as mutual funds, as opposed to professional investors.
Industry:Financial services
A bond usually issued by municipal, county, or state governments whose interest payments are not subject to federal and, in some cases, state and local income tax.
Industry:Financial services
Packaged loans acquired by policyholders that are secured by the cash surrender value of the policies, and are offered by a broker/dealer as bonds.
Industry:Financial services
Legislation intended to eliminate many holding company abuses by reorganizing the financial structures of holding companies in the gas and electric utility industries and regulating their debt and dividend policies.
Industry:Financial services
Dividends and interest not subject to federal and, in some cases, state and local income taxes.
Industry:Financial services