20 Terms
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General Finance
Industry: Financial services
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General Finance
source of funds seller
Financial services; General Finance
Customer seller of stock for the purpose of raising cash for other purchases. Such a seller will sell only at advantageous prices, and not aggressively.
subrogation
Financial services; General Finance
An insurance process whereby a company that has paid out to a policyholder for a loss incurred recovers the amount of the loss from the party that is legally liable.
secured bond
Financial services; General Finance
A bond backed by the pledge of collateral, a mortgage, or other lien, as opposed to an unsecured bond, called a debenture .
soft currency
Financial services; General Finance
A money of a country that is expected to drop in value relative to other currencies.
Subject to a (NY) can
Financial services; General Finance
Contingent upon trader's ability to cancel an order (on the indicated exchange).
Securities Industry Committee on Arbitration (SICA)
Financial services; General Finance
A private group that provides mediation services in case of customer complaints against securities firms.
sources and applications of funds statement
Financial services; General Finance
See: Statement of cash flows
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