Home > Industry/Domain > Financial services

Financial services

Related to any service provided by the finance industry, which encompasses a broad range of organisations that deal with the management of money.

17Categories 144162Terms

Add a new term

Contributors in Financial services

Financial services > General Finance

Trust Indenture Act of 1939

Financial services; General Finance

A law that requires all corporate bonds and other debt securities to be issued subject to indenture agreements and comply with certain indenture provisions approved by the SEC.

taxable acquisition

Financial services; General Finance

A merger or consolidation that is not a tax-fee acquisition. The selling shareholders are treated as having sold their shares.

trust receipt

Financial services; General Finance

Receipt for goods that are to be held in trust for the lender.

taxable equivalent yield

Financial services; General Finance

The return from a higher-paying but taxable investment that would equal the return from a tax-free investment. This depends on the investor's tax bracket.

trustee

Financial services; General Finance

Agent of a bond issuer who handles the administrative aspects of a loan and ensures that the borrower complies with the terms of the bond indenture.

taxable estate

Financial services; General Finance

That portion of a deceased person's estate that is subject to transfer tax.

trustee in bankruptcy

Financial services; General Finance

An appointed trustee who supervises and administers the affairs of a bankrupt company or individual.