General Finance

General Finance

Industry: Financial services

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General Finance

synthetic stock

Financial services; General Finance

An option strategy that is equivalent to the underlying stock. A long call and a short put is synthetic long stock. A long put and a short call is sythetic short stock.

term trust

Financial services; General Finance

A closed-end fund that has a fixed termination or maturity date.

service charge

Financial services; General Finance

A component of some finance charges, such as the fee for triggering an overdraft checking account into use.

stagnation

Financial services; General Finance

A period of slow economic growth, or, in securities trading, a period of inactive trading.

Customized hybrid instruments created by blending an underlying price on a cash instrument with the price of a derivative instrument. It is a combination of security holdings that mimics the price ...

terminal value

Financial services; General Finance

The value of a bond at maturity, typically its par value, or the value of an asset (or an entire firm) on some specified future valuation date. Usually, a perpetuity formula is used. For example, ...