- government securities exchange of return government securities prior to their due date for issues with a later maturity it is through advanced refunding the national debt is extended as an alternative to the economic disruptions that will result from eliminating the debt once and for all
- municipal bonds cell of new bonds the refunding issue in advance you see by some years of the first call date of the old bonds the issue to be refunded the responding issue would normally have a lower rate than the issue to be refunded and the proceeds with the end vested usually in government securities until a higher rate bond becomes callable this practice also code free refunding has been Curtailed by separate acts Acts
Adjusted Balance Method
formula for calculating finance charges based on account balance remaining…
Keep readingAdjustable-Rate Preferred Stock( ARPS)
preferred stock whose dividend it said of being fixed is…
Keep readingAdjustable Rate Mortgage (ARM)
mortgage agreement between a financial institution in a real estate…
Keep readingAgreement Among Underwriters
contract between participating members of an investment banking Syndicate sometimes…
Keep readingAggressive Growth Mutual Fund
mutual fund holding stocks of rapidly growing companies while these…
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securities issued by US Government sponsored entities( gse’s) end federally…
Keep readingAfter-tax Real Rate of Return
amount of money adjusted for inflation that an investor can…
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trading activity immediately following an initial public offering( ipo) (adsbygoogle…
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trading of stocks and bonds after regular trading hours on…
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clause in a mortgage agreement providing that any additional mortgage…
Keep readingAffordability Index
standard established by the National Association of Realtors( Nar) to…
Keep readingAffirmative Obligations
financial industry regulatory Authority( finra) requirement that market-makers quote firm…
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corporation that is an affiliate (adsbygoogle = window.adsbygoogle || []).push({});…
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brokerage account in which Brokers discretion in making investment decisions…
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tendency of people with significant potential to file claims wanting…
Keep readingAdvanced detection systems ( ADS)
financial industry regulatory Authority (finra) automated surveillance system used to…
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book value adjusted for market value on the balance sheet…
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court-appointed individual or bank charged with carrying out the Court’s…
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income on which an individual or couple computes federal income…
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life insurance that gives a policyholder power to change the…
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contributions made by an employee into a tax-deferred savings account…
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Investment Management where the portfolio manager actively makes investment decisions…
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collateral available for securing Brokers loans or customers margin positions…
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run by the financial industry regulatory Authority (finra) Aces passes…
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dividend due, usually to Holders a cumulative preferred stock but…
Keep readingAccumulated Benefit Obligation (abo)
estimated liability of a pension plan assuming immediate termination differs…
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ratio obtained by dividing total credit sales by accounts receivable…
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short-term financing whereby accounts receivable serve as collateral for working…
Keep readingAccountant’s Opinion
statement signed by an independent public accountant describing the scope…
Keep readingAccommodative Monetary Policy
Federal Reserve policy to increase the amount of money available…
Keep readingAccommodation Endorsement
third-party guarantee of an obligation without compensation (adsbygoogle = window.adsbygoogle…
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