- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
A collection and processing service provided to firms by banks, which collect payments from a dedicated postal box to which the firm directs its customers to send payment to. The banks make several collections per day, process the payments immediately, and deposit the funds into the firm's bank account.
Industry:Financial services
Trades that are the result of either a reallocation of wealth or an implementation of an investment strategy that acts only on existing information.
Industry:Financial services
A mortgage that will be satisfied only after more senior mortgages have been satisfied. E.g., a first mortgage will be satisfied prior to a second or a third mortgage.
Industry:Financial services
When an investor is unable to take advantage of preferential tax treatment because of time remaining on a required holding period. Also, a commodities position in which the market has a limit up or limit down day and investors are unable to move in to or out of the market.
Industry:Financial services
A country's fundamental system of transportation, communications, and other aspects of its physical capabilities.
Industry:Financial services
Issuing of new securities to refinance government debt that matures in one to five years.
Industry:Financial services
A market is locked if the bid price equals the ask price. This can occur, for example, if the market is brokered and one side pays brokerage only, in over-the-counter trading the initiator of the transaction. Highly competitive market environment with inside bid and offering at the same price. Often occurs when an OTC dealer has not updated the market.
Industry:Financial services
A bar of metal such as the type that the Federal Reserve System uses to store gold reserves.
Industry:Financial services
