INDEX ARBITRAGE
When index futures are rich buyers keep stocks and sell the futures. When the futures are cheap they sell stock and buy the futures.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
When index futures are rich buyers keep stocks and sell the futures. When the futures are cheap they sell stock and buy the futures.
A director of the board who is somehow related to the company they oversee. They are not independant voters as they have personal connections. Refer to outside director.
The interest rate for a project assuming it will break even.
A full loan balance is a liability to the signatories as a group or from each of them individually, with enough free assets to satisfy the lender’s claim. The lender may sue
Debt claim subordinate to a prior or senior claim. A senior claim of debt is cleared in a debtor’s asset liquidation before any subordinate debt claim is paid. Also known as subordinated
Protecting rights and punishing wrongs using fairness. It is possible to have unjust laws, even with fair and proper administration of the law of the land as a way for all legal
In the US self-employed individuals and employees with no pension plan can set up this self-contributory saving or pension plan. New York Congressman Eugene J. Keogh proposed it. Individuals set aside a
Security scheme requiring unifying parts so that a decryption key can be used. Separated parts occur by dividing a code number or decryption algorithm into two or more parts so that no
Cancelling an investment transaction prior to the system receiving its posting.
A copyright, patent, other documentation that generates income as intellectual capital. See, e.g., How to Get a Copyright: A Step-By-Step Guide
Periodic but anomalous cooling of the surface waters of eastern equatorial Pacific ocean (off South American coast), causing the opposite effects experienced during El Ninio. Typical effects include a cooling in the
Experienced as a single enterprise system by its users. Geographically dispersed, solidly interconnected and varied computer systems.
Denotes stock with $5 billion or more in market capitalization. A US term. Typically a large publicly held bluechip firm. Such firms are seen as major drivers of the US economy, and
This fee is either flat-rate or percentage of the amount due. An account holder not making an account payment by the stated due date is assessed this monetary charge.
Typical effect seen that lower prices stimulate demand and higher prices dampen it. Observation that, as a general rule, the demand for a product varies inversely with its price. Contrast to Giffen
Retail promotion scheme allowing the customer to leave a deposit for time-limited storage at the store of customer-picked items not fully purchased until the customer returns to pay-in-full. T
Steel, with 0.15 to 0.35 percent lead as a lubricant to make more machinable. It also contains about the same amounts of sulfur.
Automatic pay increase or claims for a pay increase for employees based on maintaining pay parity or differential with other employees who gained a pay increase.
Because its data cannot be updated to newer or standard formats, or its applications easily upgraded, obsolete computer systems may be operation essentials.
Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.