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Definition of Ask
This is the quoted ask, or the lowest price an investor will accept to sell a stock. Practically speaking, this
A dealer's price to sell a security; also called the offer price.
Packages that involve the exchange of more than two currencies against a base currency at
Related: Program trades.
spread The difference between the bid and asked prices.
The value of a portfolio of specific amounts of individual currencies, used as the basis for
A special committee of the Financial Accounting Standards Board established to reach consensus of how to account for new and unusual financial transactions that have the potential for creating differing financial reporting practices.
A separate committee within the Financial Accounting Standards Board composed of 13 members representing CPA firms and preparers of financial statements
Also called surplus management, the task of managing funds of a financial
the right (usually by virtue of position or rank) to use resources to accomplish a task or achieve an objective
This is the quoted bid, or the highest price an investor is willing to pay to buy a security. Practically
an ongoing process of enhancing employee task performance, level of product quality, and level of company service through eliminating nonvalue-added activities to reduce lead time, making products
Primary area of competence. Narrowly defined fields or tasks at which a company or
An entity that stands ready and willing to buy a security for its own account (at its bid price) or sell
Investing so that all your eggs are not in the same basket. By spreading your investments over different kinds of investments, you cushion your portfolio against sudden swings in any one area. Segregated equity funds have become a popular and secure way for average investors to get the benefits of greater diversification.
As the term dividend relates to a corporation's earnings, a dividend is an amount paid per share from a corporation's after tax profits. Depending on the type of share, it may or may not have the right to earn any dividends and corporations may reduce or even suspend dividend payments if they are not doing well. Some dividends are paid in the form of additional shares of the corporation. Dividends paid by Canadian corporations qualify for the dividend tax credit and are taxed at lower rates than other income.
a measure of the degree to which tasks were performed
A country's decision to tie the value of its currency to another country's currency, gold
This is a telephone interview of the person applying for life insurance conducted by someone from the underwriting department of the insurance company. Some insurance companies only sporadically contact applicants and some contact every applicant. On average the interview lasts between 15 to 30 minutes. The questions asked relate to personal habits (like smoking and alcohol consumption) and finances, including income and net worth, confirmation of employment, duties and the nature of the applicant's business. In addition, there are questions about driving, sports, aviation and currently held insurance. All information obtained is strictly confidential and is submitted solely to the underwriter for review.
Insured Retirement Plan
This is a recently coined phrase describing the concept of using Universal Life Insurance to tax shelter earnings which can be used to generate tax-free income in retirement. The concept has been described by some as "the most effective tax-neutralization strategy that exists in Canada today."
a model that helps predict how labor time
A market is locked if the bid = ask price. This can occur, for example, if the market is
Margin account (Stocks)
A leverageable account in which stocks can be purchased for a combination of
Market impact costs
Also called price impact costs, the result of a bid/ask spread and a dealer's price concession.
A mathematical modeling process. For a model that
the ability of a worker to monitor
This is the maximum value of a policy that an insurance company will issue without the applicant taking a medical examination, although medical questions are invariably asked during the application process. When a non-medical issue is made through group insurance, in most cases, medical data is not requested at all.
A debt or equity security for which there is no posted price or bidand-
1) A market in which only one side, the bid or asked, is quoted or firm.
the process of determining the degree
a pay plan based on the time spent on the task rather than the work accomplished
The bid and asked prices quoted by a broker for a given security.
As non-smoking rates caused a major reduction in the cost of life insurance in the early 1980's, the emergence of preferred non-smoker rates in 1998 has caused another noteworthy reduction in rates. A growing number of insurance companies are offering better rates which go beyond simply looking at gender or smoking habits. Other health related factors such as physical build, lifestyle, avocation and personal and family health history indicating longer life expectancy can add up to significant cost savings to new life insurance applicants. Make certain to ask about these new preferred rates.
Also called basket trades, orders requiring the execution of trades in a large number of
A real time stock or bond quote is one that states a security's most recent offer to sell or bid (buy).
the obligation to accomplish a task or achieve an objective
A run consists of a series of bid and offer quotes for different securities or maturities. Dealers give to and
The property that portfolio choice can be separated into two independent tasks: 1)
an organizational unit that provides one or more specific functional tasks for other internal units
1) The gap between bid and ask prices of a stock or other security.
A market in which trading volume is low and in which consequently bid and asked quotes are
A tight market, as opposed to a thin market, is one in which volume is large, trading is active
Persons who take positions in securities and their derivatives with the objective of making profits.
Costs of buying and selling marketable securities and borrowing. Trading costs include
A market in which both bid and asked prices, good for the standard unit of trading, are quoted.
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