10 Terms
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General Finance
Industry: Financial services
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General Finance
selling climax
Financial services; General Finance
A sudden drop in security prices as sellers dump their holdings.
Spontaneous Liabilities
Financial services; General Finance
Obligations that arise automatically in the course of operating a business when a firm buys goods and services on credit.
swap buy back
Financial services; General Finance
The sale of an interest rate swap by one counterparty to the other, effectively ending the swap.
telephone switching
Financial services; General Finance
Moving one's assets from one mutual fund or variable annuity to another by telephone.
two-sided market
Financial services; General Finance
A market in which both bid and asked prices, good for the standard unit of trading, are quoted. When customers or market makers are lined up on both sides (buy and sell) of a stock.
selling concession
Financial services; General Finance
The discount underwriters offer the selling group on securities in a new issue.
spot commodity
Financial services; General Finance
A commodity that is traded with the expectation of actual delivery, as opposed to a commodity future that is usually not delivered.
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