Category: Business
Created by: zzcgood
Number of Blossarys: 7
1. The transfer of an asset or security from one owner to another. A legal transfer means that something of value has been given in exchange for the financial instrument. For example, one common ...
An investment strategy typically used by wealthy investors whereby either property or cash is transferred into a pooled income fund. This fund is sponsored by the receiver, typically a charity, in ...
Authorizes agent or broker to make buying and selling decisions without consulting the investor. Limited trading authorization is one level below full authorization, which allows the agent or broker ...
A hedge position that is held by a company for an extended time period. Typically gold and oil producers carry legacy hedges on their reserves in order to give them a more stable stream of revenue. ...
An investor "legs-out" when he conducts a transaction in order to close, withdraw or sell a portion of his investment in a company yet decides to leave other portion(s) untouched or with the option ...
A pricing technique used to indicate an approximate quote for the purchase or sale of a municipal bond issues that trade on a secondary market. Because the market is not very active, sellers or ...
A certificate, usually issued along with a bond or preferred stock, entitling the holder to buy a specific amount of securities at a specific price, usually above the current market price at the time ...
By: zzcgood