![]() |
|
Financial Terms | |
Street name |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: financial, credit, financial advisor, money, inventory, business, finance, tax advisor, |
Definition of Street nameStreet nameDescribes securities held by a broker on behalf of a client but registered in the name of the Wall street firm.
Related Terms:Phone switchingIn mutual funds, the ability to transfer shares between funds in the same family by StreetBrokers, dealers, underwriters, and other knowledgeable members of the financial community; from Wall StreetGeneric term for firms that buy, sell, and underwrite securities. Wall Street analystRelated: Sell-side analyst. Big BoardA nickname for the New York Stock Exchange. Also known as The Exchange. More than 2,000 The ExchangeA nickname for the New York stock exchange. Also known as the Big Board. More than Deposit SwitchingCentral bank switching of government deposits between the central bank and commercial banks. ![]() SwitchingLiquidating an existing position and simultaneously reinstating a position in another futures 12b-1 fundsmutual funds that do not charge an upfront or back-end commission, but instead take out up to AccountabilityThe process of satisfying stakeholders in the organization that managers have acted in the best interests of the stakeholders, a result of the stewardship function of managers, which takes place through accounting. Accumulated Other Comprehensive IncomeCumulative gains or losses reported in shareholders' acid test ratio (also called the quick ratio)The sum of cash, accounts receivable, and short-term marketable Advance material requestVery early orders for materials before the completion Affirmative covenantA bond covenant that specifies certain actions the firm must take. American sharessecurities certificates issued in the U.S. by a transfer agent acting on behalf of the foreign Annual fund operating expensesFor investment companies, the management fee and "other expenses," ![]() Appropriation requestFormal request for funds for capital investment project. Asset-Backed SecuritiesBond or note secured by assets of company. Asset/liability managementalso called surplus management, the task of managing funds of a financial Authorized sharesNumber of shares authorized for issuance by a firm's corporate charter. Authorized sharesThe number of shares of stock that the company is legally authorized to sell. Availability floatChecks deposited by a company that have not yet been cleared. availability floatChecks already deposited that have not yet been cleared. Balanced fundAn investment company that invests in stocks and bonds. The same as a balanced mutual fund. Balanced mutual fundThis is a fund that buys common stock, preferred stock and bonds. The same as a Base probability of lossThe probability of not achieving a portfolio expected return. Beta equation (Mutual Funds)The beta of a fund is determined as follows: ![]() Beta (Mutual Funds)The measure of a fund's or stocks risk in relation to the market. A beta of 0.7 means Bin transferA transaction to move inventory from one storage bin to another. Book-entry securitiesThe Treasury and federal agencies are moving to a book-entry system in which securities are not represented by engraved pieces of paper but are maintained in computerized records at the BrokerAn individual who is paid a commission for executing customer orders. Either a floor broker who BrokerAn agent who handles public orders to buy or sell financial assets. Broker loan rateRelated: Call money rate. Brokered marketA market where an intermediary offers search services to buyers and sellers. Changes in Financial PositionSources of funds internally provided from operations that alter a company's charge-back systema system using transfer prices; see transfer chief financial officer (CFO)Officer who oversees the treasurer and controller and sets overall financial strategy. Chinese wallCommunication barrier between financiers (investment bankers) and traders. This barrier is Clientele effectThe grouping of investors who have a preference that the firm follow a particular financing Closed-end fundAn investment company that sells shares like any other corporation and usually does not Commission brokerA broker on the floor of an exchange acts as agent for a particular brokerage house and Common SharesAre equity instruments that take no security against assets, have no fixed terms of repayment and pay no fixed dividends. Common stock/other equityValue of outstanding common shares at par, plus accumulated retained Confirmationhe written statement that follows any "trade" in the securities markets. Confirmation is issued Conflict between bondholders and stockholdersthese two groups may have interests in a corporation that Contingent deferred sales charge (CDSC)The formal name for the load of a back-end load fund. Contingent LiabilityAn obligation that is dependent on the occurrence or nonoccurrence of Contingent pension liabilityUnder ERISA, the firm is liable to the plan participants for up to 39% of the net Corporate financial managementThe application of financial principals within a corporation to create and Corporate financial planningfinancial planning conducted by a firm that encompasses preparation of both Cost of fundsInterest rate associated with borrowing money. costs of financial distressCosts arising from bankruptcy or distorted business decisions before bankruptcy. Country financial riskThe ability of the national economy to generate enough foreign exchange to meet Cumulative probability distributionA function that shows the probability that the random variable will Current liabilityThis is typically the accounts payable, short-term notes payable, and DealerAn entity that stands ready and willing to buy a security for its own account (at its bid price) or sell DealerA person or firm in the financial asset business who buys for his or her own account and then resells to customers, in contrast to a broker, who buys only on behalf of a customer. Dealer loanOvernight, collateralized loan made to a dealer financing his position by borrowing from a Dealer marketA market where traders specializing in particular commodities buy and sell assets for their Dealer optionsOver-the-counter options, such as those offered by government and mortgage-backed Debt securitiesIOUs created through loan-type transactions - commercial paper, bank CDs, bills, bonds, and Deferred Tax LiabilityFuture tax obligation that results from the origination of a temporary Depository transfer check (DTC)Check made out directly by a local bank to a particular firm or person. design for manufacturability (DFM)a process that is part of the project management of a new product; concerned with finding optimal solutions to minimizing product failures differential costa cost that differs in amount among the alternatives being considered Differential disclosureThe practice of reporting conflicting or markedly different information in official Differential swapSwap between two LIBO rates of interest, e.g. yen LIBOR for dollar LIBOR. Payments are differentiation strategya technique for avoiding competition by distinguishing a product or service from that of competitors through adding sufficient value (including quality and/or features) that customers are willing to pay DisabilityInability to work due to injury or sickness. Disability InsuranceInsurance that pays you an ongoing income if you become disabled and are unable to pursue employment or business activities. There are limits to how much you can receive based on your pre-disability earnings. Rates will vary based on occupational duties and length of time in a particular industry. This kind of coverage has a waiting period before you can begin collecting benefits, usually 30, 60 or 90 days. The benefit paying period also varies from 2 years to age 65. A short waiting period will cost more that a longer waiting period. As well, a long benefit paying period will cost more than a short benefit paying period. Disability Insurance (Credit Insurance)Group Insurance designed to cover monthly obligations due to a borrower being unable to work due to sickness or injury. Discount securitiesNon-interest-bearing money market instruments that are issued at a discount and Dividend clienteleA group of shareholders who prefer that the firm follow a particular dividend policy. For Dividend yield (Funds)Indicated yield represents return on a share of a mutual fund held over the past 12 DLOM (discount for lack of marketability)an amount or percentage deducted from an equity interest to reflect lack of marketability. Dupont system of financial controlHighlights the fact that return on assets (ROA) can be expressed in terms EFT (electronic funds transfer)funds which are electronically credited to your account (e.g. direct deposit), or electronically debited from your account on an ongoing basis (e.g. a pre-authorized monthly bill payment, or a monthly loan or mortgage payment). A wire transfer is a form of EFT. Electronic depository transfersThe transfer of funds between bank accounts through the Automated Employee stock fundA firm-sponsored program that enables employees to purchase shares of the firm's Endowment fundsInvestment funds established for the support of institutions such as colleges, private Evidence of InsurabilityEvidence submitted to Canada Life that is used to determine whether an individual is eligible for the insurance coverage the individual has applied for. Exempt securitiesInstruments exempt from the registration requirements of the securities Act of 1933 or the External Financial StatementsCorporate financial statements that have been reported on by an external independent accountant. Family and Medical Leave ActA federal Act containing the rules for offering Federal agency securitiessecurities issued by corporations and agencies created by the U.S. government, Federal fundsNon-interest bearing deposits held in reserve for depository institutions at their district Federal Federal funds marketThe market where banks can borrow or lend reserves, allowing banks temporarily Federal funds rateThis is the interest rate that banks with excess reserves at a Federal Reserve district bank Federal Funds RateThe interest rate at which banks lend deposits at the Federal Reserve to one another overnight. Financial accountingThe production of financial statements, primarily for those interested parties who are external to the business. financial accountinga discipline in which historical, monetary Financial analystsalso called securities analysts and investment analysts, professionals who analyze Financial assetsClaims on real assets. financial assetsClaims to the income generated by real assets. also called securities. Financial AssistanceEconomic assistance provided by unrelated third parties, typically government agencies. They may take the form of loans, loan guarantees, subsidies, tax allowances, contributions, or cost-sharing arrangements. financial budgeta plan that aggregates monetary details Financial controlThe management of a firm's costs and expenses in order to control them in relation to Financial CovenantA feature of a debt or credit agreement that is designed to protect the lender or creditor. It is common to characterize covenants as either positive or negative covenants. Financial CovenantsA promise made related to financial conditions or events. Often a promise not to allow certain balance sheet items or ratios to fall below an agreed level. Usually found in loan documents, as a protection mechanism. Financial distressEvents preceding and including bankruptcy, such as violation of loan contracts. Financial distress costsLegal and administrative costs of liquidation or reorganization. also includes Financial engineeringCombining or dividing existing instruments to create new financial products. Financial futureA contract entered into now that provides for the delivery of a specified asset in exchange financial incentivea monetary reward provided for performance Financial IncentiveAn expression of economic benefit that motivates behavior that might otherwise not take place. Financial intermediariesInstitutions that provide the market function of matching borrowers and lenders or financial intermediaryfirm that raises money from many small investors and provides financing to businesses or other Financial IntermediaryAny institution, such as a bank, that takes deposits from savers and loans them to borrowers. Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |