Tag: glossary
Kremlinomics
What is 'Kremlinomics' A financial buzz word used to describe economic policies which some view to be overly leftist. Kremlinomics alludes to...
Hard-Coded Stock
What is 'Hard-Coded Stock' This is a term that refers to a company's stock symbol or ticker symbol. Every security listed anywhere...
Halloween Massacre
Definition"Halloween Massacre" is the term associated with the major reorganization of United States president Gerald Ford's cabinet on November 4, 1975, which was an...
Ocean Bill Of Lading
What is 'Ocean Bill Of Lading' A document required for the transportation of goods overseas. An ocean bill of lading serves as...
Abandonment Clause
What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost...
Reallowance
What is 'Reallowance'
In securities underwriting, the fee that the underwriting group pays to a securities firm that is not part of the syndicate, but...
Raintaker
What is 'Raintaker' A former employee of a brokerage firm who takes high-value clientelle from his or her previous employer to his...
Sale and Repurchase Agreement (SRA)
What is 'Sale and Repurchase Agreement - SRA' An open market operation, implemented by the central Bank of Canada, that is designed...
Saturday Night Special
What is 'Saturday Night Special' An obsolete takeover strategy where one company attempted a takeover of another company by making a sudden...
Salomon Brothers World Equity Index (SBWEI)
What is 'Salomon Brothers World Equity Index - SBWEI' An index that measures the performance of fixed-income and equity securities from domestic...