- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Financing that is required, but for which no provision has been made. The difference in total funding needed for a proposal and the amount of funding already made available.
Industry:Financial services
A contract that binds a broker to a brokerage firm by offering the broker commissions and bonuses, but penalizes the broker if he or she goes to work for another firm.
Industry:Financial services
In the context of general equities, opening price that is substantially higher or lower than the previous day's closing price, usually because of some extraordinarily positive or negative news.
Industry:Financial services
Sale of some shares of stock to get cash in an amount similar to that of a cash dividend.
Industry:Financial services
A large payment to a senior employee who is forced into retirement or fired as a result of a takeover or simular development.
Industry:Financial services
The floor of the NYSE, which is situated on the north side of the main trading floor.
Industry:Financial services
Idea that as long as individuals borrow (or lend) on the same terms as the firm, they can duplicate the effects of corporate leverage on their own. Thus, if levered firms are priced too high, rational investors will simply borrow on personal accounts to buy shares in unlevered firms.
Industry:Financial services
A bonus a securities firm pays to attract an employee from a competing firm.
Industry:Financial services
Rising stock prices and increased market activity in an entire sector caused by a psychology change stemming from a major takeover involving two companies in the sector. Speculators feel other takeovers are likely in the sector. See: Rumortrage.
Industry:Financial services