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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.

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Financial services > Finance

mergers

Financial services; Finance

The combination of two or more companies, generally by offering the stockholders of one company securities in the acquiring company in exchange for the surrender of their stock.

cash cow

Financial services; Finance

Something that generates a strong and steady flow of income, usually a product or a business.

cash equivalent

Financial services; Finance

An asset that is so easily and quickly convertible to cash that holding it is equivalent to holding cash.

bankruptcy

Financial services; Finance

A court proceeding in which the assets of an insolvent company or individual are liquidated.

base currency

Financial services; Finance

The currency that forms the base of a quotation, i.e. the denominator expressed as a unit of one (or sometimes a hundred)

basis risk

Financial services; Finance

The risk that the price of a future will vary from the price of the underlying cash instrument as expiry approaches.

bid

Financial services; Finance

A market maker's price to buy a security or instrument.