- 行业: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Agreement to guarantee invoice payments to a supplier; a standby LOC promises to pay the seller if the buyer fails to pay.
Industry:Financial services
A provision of certain mutual funds to pay out to the shareholder specified amounts after specified periods of time.
Industry:Financial services
The trading desk at the Federal Reserve Bank of New York through which open market purchases and sales of government and federal agency securities are made. The desk maintains direct telephone communication with major government securities dealers. A "foreign desk" at the Federal Reserve Bank of New York conducts transactions in the foreign exchange market.
Industry:Financial services
A figure determined by the closing range that is used to calculate gains and losses in futures market accounts. Settlement prices are used to determine gains, losses, margin calls, and invoice prices for deliveries. Related: Closing range.
Industry:Financial services
Make a good-sized market in the trader's own bid and offering prices. Hence, "standing up" to the bid signifies the trader's willingness to buy size (i.e., 50m) volume at the advertised bid, even if the customer buyer/seller falls down.
Industry:Financial services
Risk common to a particular sector or country. Often refers to a risk resulting from a particular "system" that is in place, such as the regulator framework for monitoring of financial institutions.
Industry:Financial services
The rate suggested in Financial Accounting Standards Board (FASB) 87 for discounting the obligations of a pension plan. The rate at which the pension benefits could be effectively settled if the company sponsoring the pension plan wishes to terminate its pension obligation.
Industry:Financial services
The IRS-specified amount by which a taxpayer is entitled to reduce income an alternative to itemizing deductions.
Industry:Financial services
A curve derived from theoretical considerations as applied to the yields of actually traded Treasury debt securities, because there are no zero-coupon Treasury debt issues with a maturity greater than one year. Like the yield curve, this is a graphic depiction of the term structure of interest rates.
Industry:Financial services
