- Industry: News service
- Number of terms: 2877
- Number of blossaries: 0
- Company Profile:
United Kingdom-based news service and former financial market data provider that provides news reports from around the world to news media
Securities registered by the issuer. This usually occurs in computerized form with no physical issues, thereby reducing paperwork, expenses and simplifying transfer of ownership.
Industry:Financial services
The value at which assets were originally entered in the books of a company’s balance sheet.
Industry:Financial services
The investment firm responsible for looking after the administration of a new bond issue. The book runner is responsible for tasks such as inviting others to subscribe and allocating bonds to subscribers.
Industry:Financial services
The value at which fixed assets are listed in the balance sheet. Effectively the original purchase cost minus any allowance for depreciation.
Industry:Financial services
The net amount of money needed by a government to finance budget deficits and maturing debt.
Industry:Financial services
When an investor buys a company’s shares at a time when he believes they are unlikely to fall much further. Also, when a company buys up loss-making competitors or purchases their assets.
Industry:Financial services
The final cost or result of a project or action. The term derives from companies’ profit and loss accounts in which the bottom line shows the extent of the profit or loss after all income and expenses have been accounted for. In contrast with the top line, which shows net sales or total revenues of a company.
Industry:Financial services
Authority given to a banker to dispose of goods pledged as security against a loan. For example, the pledging of a ship as collateral against emergency loans needed for repairs, with a commitment to repay the loan on safe completion of the voyage. If the ship’s owner fails to repay the loans the bank can exercise bottomry and dispose of the ship.
Industry:Financial services
An investment strategy that relies on stock picking, rather than trying to achieve a balanced weighting in various sectors. If a fund uses a bottom-up approach, it will focus on the performance and management of individual companies rather than general economic or market trends. The opposite of top down. See also Top Down.
Industry:Financial services
