Tag: financial

What is 'Daily Factor' A decimal representing the portion of an annual yield earned in one day. Daily factors are often reported...

What is 'ABC Agreement' An agreement made between a purchasing member with a seat on the NYSE and the firm in which...

What is 'Valoren Number' An identification number assigned to financial instruments in Switzerland. These numbers are similar to the CUSIP numbers that...

How do you find the real rate? The real interest rate can be calculated by removing the inflation rate from the current nominal interest...

What is 'Baccalaureate Bond' A zero-coupon bond issued by certain states to assist families in saving for college tuition by means of...

What is 'Half Commission Man' A half commission man is an individual who introduces clients to stock brokers or other market professionals...

What is 'Quadruple Witching' Quadruple witching refers to an expiration date that includes stock index futures, stock index options, stock options and single stock futures....

What is 'Macaroni Defense' An approach taken by a company that does not want to be taken over. The company issues a...

What is a Valuation Clause A valuation clause is a clause in a contract that stipulates the value of goods or services to be exchanged....

What is 'H' A Nasdaq stock symbol specifying that it is the second preferred bond of the company. Explaining 'H'...