Katie Couric Clause What is 'Katie Couric Clause' A slang term for a controversial proposed clause from a Securities and Exchange Commission (SEC) rule (formally known as the Executive Com

Halted Issue What is 'Halted Issue' A planned security offering that does not go forward as planned. A halted issue can relate to an initial public offering (IPO) that will no longer occur

Immediate Family What is an 'Immediate Family' Immediate family members usually include a person’s parents, spouse, children and siblings. A person’s grandparents, grandchildren, in-la

In The Tank What is 'In The Tank' A slang term referring to very poor performance, as in that of a security, sector or market. A security, sector or market can be considered "in the tank"

Savior Plan What is 'Savior Plan' When management and employees borrow money to invest in their failing company in an attempt to save it. Essentially, a savior plan precedes a management a

DefinitionBack taxes is a term for taxes that were not completely paid when due. Typically, these are taxes that are owed from a prior year. Back Taxes What is 'Back Taxes' Taxes that have

Cancel Former Order (CFO) What is 'Cancel Former Order - CFO' An order from an investor to a broker, to cancel a previously placed order that has not yet been filled. Cancel former order (

Canceled Order What is 'Canceled Order' 1. A previously submitted order to purchase or sell a security that is canceled before it has been executed on an exchange. 2. An order that can't

DefinitionA payday loan is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." The loans are also sometimes referred to as "cash

DefinitionA capital gains tax is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was greater than the amount realized on the sale. The most common capit