Category: Finance & Investment Terms

deduction from the value of an invoice permitted by a seller of goods to cover damages or shortages 

amount of Securities assigned to each of the participants in Investment Banking Syndicate form to underwrite and distribute a new issue called subscribers or allottees got Financial responsibilities of the subscribers are set forth in the allotment notice which is prepared by The Syndicate manager

a market capitalization Wade index the index represent 500 of the largest companies listed on the Australian Securities Exchange which was established in 2006 by a merger of the Australian stock exchange and the Sydney Futures Exchange. market capitalization is the only eligible eligibility requirement of constituents as liquidity is not considered for this index with the exception of foreign domiciled companies the index was established by the Australian Securities Exchange in 1980 in supplanted as the Market’s leading indicator by the S&P end the asx200 in 2000

1.  investment banking: an offering giving the issuer the right to cancel the whole issue if the underwriter is not fully subscribed
2.  securities: buy or sell Mark to signify that no partial transaction is to be executed the order will not automatically be canceled however if they complete the transaction is not executed to accomplish that the order entry must be marked fill or kill

underwriting shorthand for all included referring to an issuer’s interest rate after giving effect to commissions and miscellaneous related expenses

read in options Market that eats the investor alive with high commission cost the term is used when a broker arranges a combination of puts and calls that generate so much commission the client is unlikely to turn a profit even if the market move as anticipated

 a person who is not a member of the New York Stock Exchange but who is either a general partner of a member organization and employee who controls a member organization or a principal executive officer of such organization

Money Paid to a separated or divorced spouse as required by a divorce decree or a legal separation agreement the IRS allows qualifying payments as the deductions by the pay or and they are taxable income to the payee

Company Incorporated under the laws of a foreign country regardless of where it operates alien Corporation can be used as a synonym for the term for incorporation however foreign corporation also is used in the United States law to mina Corporation formed in a state other than that it does business

 tax-exempt Bond issued by a city county state or Airport Authority to support the expansion and operations of an airport the repayment of principal and interest is backed by either the general revenues of Airport Authority or lease payments generated by one or more Airlines using the facilities in some cases airport revenue bonds are back directly by the financial strength of the major airline using the airport which makes the bonds more risky because airlines are particularly sensitive to economic cycles and could go out of business in a Down cycle