- Branża: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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The combination of all the individual opinions about a stock's or security's value.
Industry:Financial services
Provisions in a bond indenture or preferred stock agreement that require the bond or preferred stock issuer to take certain specified actions (affirmative covenants) or to refrain from taking certain specified actions (negative covenants).
Industry:Financial services
A bank that ranks just below a lead manager in a syndicated Eurocredit or international bond issue. Comanagers may assist the lead manager bank in the pricing and issue of the instrument.
Industry:Financial services
The purchase of a contract to offset a previously established short position.
Industry:Financial services
Applies to derivative products. Arrangement of options involving two long or two short positions with different expiration dates or strike (exercise) prices. See: Straddle.
Industry:Financial services
A written option is considered to be covered if the writer also has an opposing market position on a share-for-share basis in the underlying security. That is, a short call is covered if the underlying stock is owned, and a short put is covered (for margin purposes) if the underlying stock is also short in the account. In addition, a short call is covered if the account is also long another call on the same security, with a striking price equal to or less than the striking price of the short call. A short put is covered if there is also a long put in the account with a striking price equal to or greater than the striking price of the short put.
Industry:Financial services
A bond backed by the government unit issuing it as well as by revenue from the project that is to be financed by the bond.
Industry:Financial services
Usually refers to the fact that analysts begin following a particular security. This usually happens when there is enough trading in it to warrant attention by the investment community.
Industry:Financial services