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Bloomberg L.P.
Sektör: Financial services
Number of terms: 73910
Number of blossaries: 1
Company Profile:
World's leading financial information-service, news, and media company.
Trading in unlisted securities that occurs on an organized exchange to accommodate members. This practice is not permitted at the NYSE.
Industry:Financial services
Selling securities or commodities whose prices are dropping to minimize loss.
Industry:Financial services
A cash account held at a brokerage firm.
Industry:Financial services
If the average maturity of a bank's liabilities is shorter than that of its assets, it is said to be running an unmatched book. The term is commonly used with the Euromarket. Also refers to entering into OTC derivatives contracts and not hedging by making trades in the opposite direction to another financial intermediary. In this case, the firm with an unmatched book usually hedges its net market risk with futures and options. Related expressions: Open book and short book.
Industry:Financial services
A dividend declared by the directors of a corporation that has not yet been paid.
Industry:Financial services
An independent auditor's opinion that a company's financial statements comply with accepted accounting procedures. Antithesis of qualified opinion.
Industry:Financial services
An increase/decrease in the value of a security that is not "real" because the security has not been sold. Once a security is sold by the portfolio manager, the capital gains/losses are "realized" by the fund, and any payment to the shareholder is taxable during the tax year in which the security is sold.
Industry:Financial services
The time allowed for settlement of a draft.
Industry:Financial services
See: Time Draft
Industry:Financial services
A letter of credit payable at a determined future date after presentation of conforming documents.
Industry:Financial services