Tag: definition

What is an obligor An obligor is a legal entity that is obligated to make payments on a debt or other financial obligation. The term...

VIX is a ticker symbol of the Chicago Board Exchange Volatility Index (CBOE). The index represents the expectation of the market volatility in next...

What is 'National Quotation Bureau - NQB' A company established in 1913 to compile and publish price information on stocks and bonds...

DefinitionKeogh plans are a type of retirement plan for self-employed people and small businesses in the United States. Keogh Plan What is the...

What is a 'Takeover' A takeover occurs when an acquiring company makes a bid in an effort to assume control of a...

What is 'Kiwi Bond' Retail stock offered directly to the public and available only to New Zealand residents. Application forms and investment...

What are 'Federal Funds' Federal funds, often referred to as fed funds, are excess reserves that commercial banks and other financial institutions...

What is 'Reaction' A reversal in the movement of a security's price. Reaction is most often associated with a downward movement in...

What is 'Daily Trading Limit' The maximum gain or loss on a derivative contract, such as options and futures contracts, that is...

What is 'Half-Life' Half-life represents a date in the future when half of the total principal of a mortgage-backed security (MBS) will...