- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The risk of changes in the reported home currency accounting results of foreign operations due to changes in currency exchange rates.
Industry:Financial services
The outstanding principal balance divided by the original principal balance with the result expressed as a decimal. Pool factors are published monthly by the Bond Buyer newspaper for Ginnie Mae, Fannie Mae, and Freddie Mac (Federal Home Loan Mortgage Corporation) MBSs.
Industry:Financial services
Assets that can be traded in a public market, such as the stock market.
Industry:Financial services
The municipal bond market where state and local governments raise funds. Bonds issued in this sector are exempt from federal income taxes.
Industry:Financial services
A letter describing the contents and purpose of a transaction delivered with a security that is changing ownership.
Industry:Financial services
An accounting method for reporting acquisitions accomplished through the use of equity. The combined assets of the merged entity are consolidated using book value, as opposed to the purchase method, which uses market value. The merging entities' financial results are combined as though the two entities have always been a single entity.
Industry:Financial services
Slang for a trader selling aposition, usually a losing position, as in, "When in doubt, puke it out."
Industry:Financial services
An obligation whose interest is tax-exempt, often called a municipal bond, offered by a country, state, town, or any political district.
Industry:Financial services
