Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: financial, business, investment, credit, stock trading, financial advisor, money, tax advisor,
Also see related: home, homebuyer, mortgage, home financing, home buyer, homes, home insurance, financing, homebuying,
Definition of Yard
Slang for one billion dollars. Used particularly in currency trading, e.g. for Japanese yen since on
Annual report required by the SEC each year. Provides a comprehensive overview of a company's state
The USe of varioUS forms of gimmickry to distort a company's true financial performance in order to achieve a desired result.
A characterization USed by the Securities and Exchange
ClaUSe caUSing repayment of a debt, if specified events occur or are not met.
Publicly traded issues that may be collateralized by mortgages and MBSs.
Cash flow provided by operating
Net income adjUSted to exclude selected nonrecurring and noncash items of reserve, gain, expense, and loss.
Conventional earnings before interest, taxes, depreciation, and amortization (EBITDA) revised to exclude the effects of mainly nonrecurring items of revenue or gain and expense or loss.
Operations Reported income from continuing operations
The net present value analysis of an asset if financed solely by equity
The entries needed at the end of an accounting period to properly state certain account balances.
Requirement that none of an order be executed unless all of it can be executed at the specified price.
An arrangement whereby a security issue is canceled if the underwriter is unable
Dollar deposits held in Singapore or other Asian centers.
An option is at-the-money if the strike price of the option is equal to the market price of the
Automated Clearing House (ACH)
A collection of 32 regional electronic interbank networks USed to
Automated Clearing House (ACH)
A banking clearinghoUSe that processes direct
Elements of spending that do not vary systematically with variables such as GDP that are explained by the theory. See also exogenoUS expenditure.
The subsequent subtraction from inventory records of those parts USed
a streamlined cost accounting method that speeds up, simplifies, and reduces accounting effort in an environment that minimizes inventory balances, requires
Basic business strategies
Key strategies a firm intends to pursue in carrying out its bUSiness plan.
Brokerage firms that help to find potential buyers or sellers of large block trades.
A currency that is not freely convertible to other currencies due to exchange controls.
The large clearing banks that dominate deposit taking and short-term lending in the domestic
Repetitive cycles of economic expansion and recession.
Fluctuations of GDP around its long-run trend, consisting of recession, trough, expansion, and peak.
Business Expansion Investment
The USe of capital to create more money through the addition of fixed assets or through income producing vehicles.
A bUSiness that has terminated with a loss to creditors.
business intelligence (BI) system
a formal process for gathering and analyzing information and producing intelligence to meet decision making needs; requires information about
business process reengineering (BPR)
the process of combining information technology to create new and more effective
The risk that the cash flow of an issuer will be impaired becaUSe of adverse economic
an activity that is necessary for the operation of the bUSiness but for which a cUStomer would not want to pay
Related: Fixed-income equivalent.
Call money rate
Also called the broker loan rate , the interest rate that banks charge brokers to finance
Amounts of directly contributed equity capital in excess of the par value.
Cash Flow Provided or Used from Financing Activities
Cash receipts and payments involving
Cash Flow Provided or Used from Investing Activities
Cash receipts and payments involving
Holding other things constant.
A fixed rate currency swap against floating U.S. dollar LIBOR payments.
Clearing House Automated Payments System (CHAPS)
A computerized clearing system for sterling funds
Clearing house / Clearinghouse
An adjunct to a futures exchange through which transactions executed its floor are settled by a
Clearing House Interbank Payments System (CHIPS)
An international wire transfer system for high-value
A statistical technique that identifies clUSters of stocks whose returns are highly correlated
Collateral trust bonds
A bond in which the issuer (often a holding company) grants investors a lien on
Commercial Business Loan (Credit Insurance)
An agreement between a creditor and a borrower, where the creditor has loaned an amount to the borrower for bUSiness purposes.
A firm which buys and sells future contracts for cUStomer accounts. Related: futures
Raw materials or subassemblies USed to make either finished goods
one of two parties to a conditional sale agreement, the other being the conditional seller.
The mean of all financial analysts' forecasts for a company.
Consolidated Omnibus Budget Reconciliation Act (COBRA)
A federal Act
See real dollars.
a process in which there is a rolling
The process of accumulating the time value of money forward in time on a
The process of continuoUSly adding interest to a principal plUS
The process of calculating the present value of a stream of future
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
any reduction in units that occurs uniformly
Continuous random variable
A random value that can take any fractional value within specified ranges, as
a company-wide attitude about the topics
a contract in which the cUStomer agrees
Cost Plus Estimated Earnings in Excess of Billings
Revenue recognized to date under the percentage-of-completion method in excess of amounts billed. Also known as unbilled accounts
A method of pricing in which a mark-up is added to the total product/service cost.
Inflation whose initial caUSe is cost increases rather than excess demand. See also demand-pull inflation.
The cumulative, after-tax, prior-year effect of a change in accounting
Cumulative Translation Adjustment (CTA) account
An entry in a translated balance sheet in which gains
Taking advantage of divergences in exchange rates in different money markets by
The value of a portfolio of specific amounts of individual currencies, USed as the basis for
A financial future contract for the delivery of a specified foreign currency.
An option to buy or sell a foreign currency.
Related: Exchange rate risk
Currency risk sharing
An agreement by the parties to a transaction to share the currency risk associated with
Asset allocation in which the investor chooses among investments denominated in
An agreement to swap a series of specified payment obligations denominated in one currency
A variable like GDP is measured in current dollars if each year's value is measured in prices prevailing during that year. In contrast, when measured in real or constant dollars, each year's value is measured in a base year's prices.
High-coupon bonds that sell at only at a moderate premium becaUSe they are callable at a
Custodial fees Fees
charged by an institution that holds securities in safekeeping for an investor.
Customary payout ratios
A range of payout ratios that is typical based on an analysis of comparable firms.
A benchmark that is designed to meet a client's requirements and long-term
An agreement by two or more countries to erect a common external tariff and to abolish
Refers to establishing and liquidating the same position or positions within one day's trading.
Deed of trust
Delivery versus payment
A transaction in which the buyer's payment for securities is due at the time of
Depository Trust Company (DTC)
DTC is a USer-owned securities depository which accepts deposits of
Devaluation A decrease in the spot price of the currency
A conception of the way a stock's price changes that assumes that the price takes on all
Dow Jones industrial average
This is the best known U.S.index of stocks. It contains 30 stocks that trade on
Dow Jones Industrial Average
Index of the investment performance of a portfolio of 30 “blue-chip” stocks.
Eurobonds that pay coupon interest in one currency but pay the principal in a different
economic components model
Abrams’ model for calculating DLOM based on the interaction of discounts from four economic components.
For any entity, the difference between the market value of all its assets and the market
Determined from within the system. Opposite of exogenoUS.
A value determined within the context of a model.
Equipment trust certificates
Certificates issued by a trUSt that was formed to purchase an asset and lease it
A short-term fixed rate time deposit denominated in a currency other than the local
The money market for borrowing and lending currencies that are held in the form of
dollars held on deposit in a bank outside the United States.
Deposits denominated in U.S. dollars but held in banks located outside the United States, such as in Canada or France.
European Currency Unit (ECU)
An index of foreign exchange consisting of about 10 European currencies,
European Monetary System (EMS)
An exchange arrangement formed in 1979 that involves the currencies
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.