14 Terms
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Finance
Industry: Financial services
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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.
