Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: stock trading, financial, finance, business, payroll, tax advisor, inventory, money,
Definition of Mass customization
High-volume production runs of a product, while still offering
personalized production generally accomplished
Abrams’ model for calculating DLOM based on the interaction of discounts from four economic components.
Mortgage pass-through securities whose principal and interest payments are
A collection of 32 regional electronic interbank networks used to
In a balance of payments, the basic balance is the net balance of the combination of the current
Key strategies a firm intends to pursue in carrying out its business plan.
Accept the project if IRR is greater than the discount rate; reject the project is lower than the
Brokerage firms that help to find potential buyers or sellers of large block trades.
List of new issues scheduled to come to market shortly.
The tendency of stocks to perform differently at different times, including such anomalies as
Amount used during a particular period to acquire or improve long-term assets such as
A dividend paid in cash to a company's shareholders. The amount is normally based on
An amount the insurance company will pay if the policyholder ends a whole life
A computerized clearing system for sterling funds
An international wire transfer system for high-value
An adjunct to a futures exchange through which transactions executed its floor are settled by a
An investment company that sells shares like any other corporation and usually does not
Mortgage against which no additional debt may be issued.
A firm which buys and sells future contracts for customer accounts. Related: futures
An offering of securities through competitive bidding.
Also called private-label pass-throughs, any mortgage pass-through security not
Cumulative dividend feature
A requirement that any missed preferred or preference stock dividends be paid
Acceptance of a capital budgeting project contingent on the acceptance of another project.
To remove the general drift, tendency or bent of a set of statistical data as related to time.
Discounted dividend model (DDM)
A formula to estimate the intrinsic value of a firm by figuring the
A dividend is a portion of a company's profit paid to common and preferred shareholders. A stock
With respect to a project financing, an arrangement under which the sponsors of a project
A group of shareholders who prefer that the firm follow a particular dividend policy. For
Dividend discount model (DDM)
A model for valuing the common stock of a company, based on the
Dividend growth model
A model wherein dividends are assumed to be at a constant rate in perpetuity.
A bond covenant that restricts in some way the firm's ability to pay cash dividends.
Dividend payout ratio
Percentage of earnings paid out as dividends.
Dividends per share
Amount of cash paid to shareholders expressed as dollars per share.
An established guide for the firm to determine the amount of money it will pay as dividends.
The fixed or floating rate paid on preferred stock based on par value.
Dividend reinvestment plan (DRP)
Automatic reinvestment of shareholder dividends in more shares of a
A shareholders' rights to receive per-share dividends identical to those other shareholders receive.
Dividend yield (Funds)
Indicated yield represents return on a share of a mutual fund held over the past 12
Dividend yield (Stocks)
Indicated yield represents annual dividends divided by current stock price.
Dividends per share
Dividends paid for the past 12 months divided by the number of common shares
Dual syndicate equity offering
An international equity placement where the offering is split into two
Exists when the costs and/or revenues of one project depend on those of another.
A value determined within the context of a model.
Investment funds established for the support of institutions such as colleges, private
Treating cash flows as if they occur at the end of a year as opposed to the date
The firm makes a tender offer for a given amount of its own stock while excluding
Bond whose maturity can be extended at the option of the lender or issuer.
Note the maturity of which can be extended by mutual agreement of the issuer and
Extra or special dividends
A dividend that is paid in addition to a firm's "regular" quarterly dividend.
This literally means "without dividend." The buyer of shares when they are quoted ex-dividend
The first day of trading when the seller, rather than the buyer, of a stock will be entitled to
Warehouse rented by a warehouse company on another firm's premises.
Fixed-price tender offer
A one-time offer to purchase a stated number of shares at a stated fixed price,
An account for the investment credit to show all income statement benefits of the credit
The practice of reporting to shareholders using straight-line depreciation and
Fully modified pass-throughs
Agency pass-throughs that guarantee the timely payment of both interest and
Generally Accepted Accounting Principals (GAAP)
A technical accounting term that encompasses the
Gross domestic product (GDP)
The market value of goods and services produced over time including the
Gross national product (GNP)
Measures and economy's total income. It is equal to GDP plus the income
A contract that obligates a purchaser of a project's output to make cash
High-coupon bond refunding
Refunding of a high-coupon bond with a new, lower coupon bond.
The highest (intraday) price of a stock over the past 52 weeks, adjusted for any stock splits.
Highly leveraged transaction (HLT)
Bank loan to a highly leveraged firm.
Sale of some shares of stock to get cash that would be similar to receiving a cash dividend.
A project whose acceptance or rejection is independent of the acceptance or rejection of
Total amount of dividends that would be paid on a share of stock over the next 12 months
A clause in a contract providing for increases or decreases in inflation based on
Initial public offering (IPO)
A company's first sale of stock to the public. Securities offered in an IPO are
Investment product line (IPML)
The line of required returns for investment projects as a function of beta
In-house processing float
Refers to the time it takes the receiver of a check to process the payment and
Just-in-time inventory systems
systems that schedule materials/inventory to arrive exactly as they are
To provide money temporarily on the condition that it or its equivalent will be returned, often with an
Payment by a firm to its owners from capital rather than from earnings.
Agency pass-throughs that guarantee (1) timely interest payments and (2) principal
Mortgage pass-through security
Also called a passthrough, a security created when one or more mortgage
Such a clause on a Euro loan permits the borrower to switch from one currency to
Negative pledge clause
A bond covenant that requires the borrower to grant lenders a lien equivalent to any
An offering of securities for which the terms, including underwriters' compensation,
A document that outlines the terms of securities to be offered in a private placement.
OPEC (Organization of Petroleum Exporting Countries)
A cartel of oil-producing countries.
Also called a mutual fund, an investment company that stands ready to sell new shares to the
Mortgage against which additional debts may be issued. Related: closed-end mortgage.
The net interest rate passed through to investors after deducting servicing, management,
A pool of fixed-income securities backed by a package of assets (i.e. mortgages)
Pass-through coupon rate
The interest rate paid on a securitized pool of assets, which is less than the rate
Path dependent option
An option whose value depends on the sequence of prices of the underlying asset
Payable through drafts
A method of making payment that is used to maintain control over payments made
Perfect market view (of dividend policy)
Analysis of a decision on dividend policy, in a perfect capital
Plan for reorganization
A plan for reorganizing a firm during the Chapter 11 bankruptcy process.
Planned capital expenditure program
Capital expenditure program as outlined in the corporate financial plan.
A relationship espoused by some technical analysts that signals continuing rises
A firm selling some of its own newly issued shares to investors.
Related: Conventional pass-throughs.
The time it takes to bring new and/or improved products to market.
A type of mortgage-pipeline risk that occurs when a lender has an unusual loan in production or
Production payment financing
A method of nonrecourse asset-based financing in which a specified
An agreement by the loan purchaser to allow the monthly loan quota to be
The sale of registered securities by the issuer (or the underwriters acting in the interests of the
Warehouse operated by an independent warehouse company on its own premises.
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.