Free Cash Flow
DefinitionIn corporate finance, free cash flow or free cash flow to firm is a way of looking at a business's cash flow to see what is available for distribution among all the securities holders of a corporate entity. This may be useful to parties such as equity holders, debt holders, preferred stock holders, and convertible security holders when they...
Federal Employee Retirement System (FERS)
What is 'Federal Employee Retirement System - FERS' A system that became effective in 1987 and replaced the Civil Service Retirement System (CSRS) as the primary retirement plan for U.S. federal civilian employees. Retirement benefits under FERS are accumulated in three ways: a) through Social Security benefits, b) through a basic benefit plan for which the employee...
Federal Financial Institutions Examination Council (FFIEC)
What is the Federal Financial Institutions Examination Council and what do they do The Federal Financial Institutions Examination Council (FFIEC) is a U.S. government organization that develops and recommends policies for the regulation of financial institutions. The Council is composed of five member agencies: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National...
Fair Trade Price
What is 'Fair Trade Price' Fair trade price is the minimum price paid for certain agricultural products imported from developing countries. Fair trade is a movement that believes it is unethical to pay producers in developing countries the market price if that price is too low to provide a sufficient quality of living. Instead, certain importers agree...
Fat Finger Error
DefinitionA fat-finger error is a keyboard input error in the financial markets such as the stock market or foreign exchange market whereby an order to buy or sell is placed of far greater size than intended, for the wrong stock or contract, at the wrong price, or with any number of other input errors. Fat Finger Error What...
Federal Communications Commission (FCC)
DefinitionThe Federal Communications Commission is an independent agency of the United States government created by statute to regulate interstate communications by radio, television, wire, satellite, and cable. The FCC works towards six goals in the areas of broadband, competition, the spectrum, the media, public safety and homeland security, and modernizing itself. Federal Communications Commission (FCC) What is 'Federal...
FactSet
DefinitionFactSet Research Systems Inc., trading as FactSet, is a financial data and software company headquartered in Norwalk, CT, United States. The company provides financial information and analytic software for investment professionals. For fiscal year 2016, FactSet's annual sales were $1.13 billion. FactSet What is 'FactSet' FactSet Research Systems provides computer-based financial data and analysis for financial professionals,...
Fallout Risk
What is 'Fallout Risk' The lending risk that occurs when the terms of a loan are confirmed simultaneously with the terms of a property sale. Because the mortgage terms are set but the sale is not finalized, there is a risk that the transaction may not be completed. This represents a risk to the mortgage pipeline, as...
Fair Labor Standards Act (FLSA)
What is 'Fair Labor Standards Act - FLSA' A United States law which sets out various labor regulations regarding interstate commerce employment, including minimum wages, requirements for overtime pay and limitations on child labor. In general, the FLSA is intended to protect workers against certain unfair pay practices or work regulations. The Fair Labor Standards Act is...
Fixed Assets
What are Fixed Assets Fixed assets are physical or tangible assets that are long-term in nature and are not expected to be converted into cash within the normal operating cycle of the business. Basically, fixed assets are those items that a company intends to use for a period of more than one year, such as land, buildings, machinery, equipment, and...