5 Terms
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General Finance
Industry: Financial services
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General Finance
sold away
Financial services; General Finance
Refers to over-the-counter trading. Having sold stock to another dealer before making the present offering.
subordinated debenture bond
Financial services; General Finance
An unsecured bond that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: Debenture bond, mortgage bond, collateral ...
security characteristic line
Financial services; General Finance
A plot on a graph of the excess return on a security over the risk-free rate as a function of the excess return on the market. The slope of this line is the security's beta.
special assessment bond
Financial services; General Finance
A municipal bond with interest paid by the taxes of the community benefiting from the bond-funded project.
subsidiary
Financial services; General Finance
A wholly or partially owned company that is part of a large corporation. A foreign subsidiary is a separately incorporated entity under the host country's law. A subsidiary's financial results are ...
Securities & Exchange Commission (SEC)
Financial services; General Finance
A federal agency that regulates the US financial markets. The SEC also oversees the securities industry and promotes full disclosure in order to protect the investing public against malpractice in ...
sold-out market
Financial services; General Finance
Unavailability of a futures contract in a particular commodity or maturity date because of contract executions and limited offerings.
