8 Terms
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Funds
Industry: Financial services
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Funds
long position
Financial services; Funds
A position wherein an investor's interest in a particular series of options is as a net holder (i.e., the number of contracts bought exceeds the number of contracts sold).
long term care insurance
Financial services; Funds
A policy that can cover costs for nursing home stays, home care and/or assisted living.
price/sales
Financial services; Funds
Recent closing stock price divided by the sum of the latest 4 quarters of sales per share (sales divided by shares outstanding). A low Price to Sales ratio is considered to be a value indicator.
long/short
Financial services; Funds
Indicates whether the position is owned by the Account/Client or was sold short.
priced investments
Financial services; Funds
The total value of all priced securities and other assets held by or through a Merrill Lynch account.
longer-term option
Financial services; Funds
Long-term options are available in two types, calls and puts, with expiration dates up to three years in the future.
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