- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The cap that Congress imposes on the amount of public debt that may be outstanding whether temporary or permanent. When this limit is reached, the Treasury may not sell new debt issues until Congress raises the limit. For a detailed listing of changes in the limit since 1941, see Budget of the United States Government. See: Debt outstanding subject to limitation.
Industry:Financial services
Order that becomes a market or limited price order or is canceled at a specific time.
Industry:Financial services
Seeking to obtain the best bid or offer available by calling a number of dealers and/or brokers.
Industry:Financial services
An investment that a trustee is authorized to make under state law.
Industry:Financial services
Also called time value, the amount by which an option price exceeds its intrinsic value. The value of an option beyond its current exercise value representing the optionholder's control until expiration, the risk of the underlying asset, and the riskless return.
Industry:Financial services
One who has sold a contract to establish a market position and who has not yet closed out this position through an offsetting purchase; the opposite of a long position. Related: Long.
Industry:Financial services
A merger in which one corporation remains as a legal entity, instead of a new legal entity being formed.
Industry:Financial services
Assessment of relationships between two or among more variables over periods of time.
Industry:Financial services
