- Industri: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Applies mainly to international equities. Japanese securities transactions conducted on the principal of auction, i.e., (1) price priority in which the selling (buying) order with the lowest (highest) price takes precedence over other orders, and (2) time priority in that an earlier order takes precedence over other orders at the same price.
Industry:Financial services
Large family-owned conglomerates that controlled much of the economy of Japan prior to World War II.
Industry:Financial services
A bond on which interest accrues but is not currently paid to the investor but rather is added to the principal balance of the Z bond and becoming payable upon satisfaction of all prior bond classes.
Industry:Financial services
A checking account in which zero balance is maintained by transfers of funds from a master account in an amount only large enough to cover checks presented.
Industry:Financial services
Budgeting method that disregards the previous year's budget in setting a new budget, since circumstances may have changed. Each and every expense must be justified in this system.
Industry:Financial services
A portfolio constructed to have zero systematic risk, similar to the risk-free asset, that is, having a beta of zero.
Industry:Financial services