- Industri: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Used in the context of securities, the illegal practice of a public offering participant keeping some shares in a private account or with a family member, employee, or dealer to profit from the higher market price of a hot issue. Used in the context of taxes, the withholding by an employer of a certain amount of an employee's income in order to cover the employee's tax liability. Also used to refer to the withholding by corporations and financial institutions of a flat 10% of interest and dividend payments due to security holders.
Industry:Financial services
A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country.
Industry:Financial services
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".
Industry:Financial services
Giving the lender no right to seek payment or seize assets in the event of nonpayment from anyone other than the party specified in the debt contract (such as a special-purpose entity).
Industry:Financial services
Financing in which the right of recourse to the party receiving funds is forfeited to the party advancing funds. This may be evidenced by conditions added to the endorsement of a draft being sold by an exporter in order to protect the exporter, if the instrument is not paid at maturity by the original obligor.
Industry:Financial services
Attempting to complete the remaining part of a trade, by finding either buyers or sellers for the rest.
Industry:Financial services
Defined as the difference between current assets and current liabilities (excluding short-term debt). Current assets may or may not include cash and cash equivalents, depending on the company.
Industry:Financial services
The deployment of current assets and current liabilities so as to maximize short-term liquidity.
Industry:Financial services
