- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
In the context of general equities, purchase/sale of all the remaining supply of stock, or the last piece of a block, in a trade-leaving a net zero position.
Industry:Financial services
Active buying by a corporation of its own stock in the marketplace. Reasons for repurchase include putting idle cash to use, raising EPS, creating support for a stock price, increasing internal control (shark repellant), or stock for ESOP or pension plans. Repurchase is subject to rules, such as that buying must be on a zero minus or a minus tick, after the opening and before 3:30 p.m.
Industry:Financial services
In the context of general equities, "make all your obligated calls" check with all prior obligations in a security. Often preceded by "subject to."
Industry:Financial services
The argument that double (corporate and individual) taxation of equity returns makes debt a cheaper financing method.
Industry:Financial services
Title to ownership that is untainted by any claims on the property or disputed interests, and therefore available for sale. This is usually checked through a title search by a title company.
Industry:Financial services
Rate of return required on a par bond to produce the same after-tax yield to maturity that the quoted premium or discount bond would generate.
Industry:Financial services
To eliminate a long or short position, leaving no ownership or obligation.
Industry:Financial services
A legal entity that is separate and distinct from its owners. A corporation is allowed to own assets, incur liabilities, and sell securities, among other things.
Industry:Financial services
Organizations that are affiliated with exchanges and are used to complete securities transactions by taking care of validation, delivery, and settlement.
Industry:Financial services
