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Investment banking
Of or relating to the business of underwriting, or acting as the client's agent, in the issuance of securities in order to assist an individual, commercial enterprise, corporation or government instution ro raise capital.
Industry: Banking
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Investment banking
personal loan company
Banking; Investment banking
Credit institution specializing in granting personal or consumer loans and financing instalment purchasing (hire purchase in UK).
short position
Banking; Investment banking
In securities trading, a selling position which has not yet been closed by the purchase of a counterposition. Investors are said to be short if, following a short sale, they need to buy securities to ...
window dressing
Banking; Investment banking
(1) Trading activity used by mutual fund and portfolio managers near the year end or quarter end to improve the appearance of the portfolio/fund performance before presenting it to clients or ...
addendum
Banking; Investment banking
A supplement or appendix attached to a document (deed, bill of exchange, registered share) which can be used for endorsements.
operating assets
Banking; Investment banking
Assets of a company which enable it to produce its goods or services. They include administrative buildings, plant facilities, liquid assets, etc. Opposite: non-operating assets. See also fixed ...
deep discount bond
Banking; Investment banking
Bond that has a coupon rate far below rates currently available on investments and whose value is at a significant discount from par value. See also zero bond.