Tag: formulas

What is a Hard-To-Borrow List A hard to borrow list is inventory utilized by brokerages to identify securities that are not available for borrowing for...

What is 'Yield-Based Option' A type of debt-instrument-based option that derives its value from the difference between the exercise price and the...

Incestuous Dealing What is 'Incestuous Dealing ' The dealing of securities among multiple parties, in order to create advantageous financial benefits...

What is 'Narrow-Based Weighted Average' An anti-dilution provision used to ensure that investors are not penalized when companies are undergoing additional financing...

What is 'Odd Date' A type of maturity date for foreign-exchange contracts. Odd dates are neither spot nor fixed dates; they are...

What is 'Odd-Days Interest' Interest that is earned from a mortgage or other loan with closed-end installments that contain a nonstandard payment...

What is 'One-Cancel-All Order (OCA)' A One-Cancel-All (OCA) order is a type of options order that gives the trader the ability to place multiple options...

What is 'Absolute Interest' Total and complete ownership of an asset or property. An individual with an absolute interest has both a...

What is 'Above-The-Line Costs' Costs incurred during the production of an advertising commercial that are associated with the creative side of it....

What is a Rate-Improvement Mortgage A rate-improvement mortgage is a type of home loan that offers a lower interest rate than the standard fixed-rate mortgage....