NOBLE METAL
Inert or near-inert metal showing little or no chemical activity with atmosphere and mild acids. Gold, silver, and platinum are such metals. They do not rust or corrode, displaying an indefinite life
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Inert or near-inert metal showing little or no chemical activity with atmosphere and mild acids. Gold, silver, and platinum are such metals. They do not rust or corrode, displaying an indefinite life
A mortgage that includes non residential items such as pools.
The way amounts payable and received are computed.
The risk that occurs when operations are flawed and errors occur.
When a buyer is paid off based on how much better the market does than the strike price.
A fixed incomes yield curve depicting interest rates and maturity dates for a marketplace.
The flag in a chart signifing a peak point. At this peak prices drop or raise quickly.
A chart showing movement of investments without considering time. Xs and Os show up and down movement and if the trend shifts a new column is added. The chart is made to
When a companies assets exceed its liabilities. There is plenty of liquidity to cover obligatins. Refer to negative working capital.
The way banks calculate the speed a mortgage will be repaid. A common way is the constant repayment rate model.
A take over method where an investor presuades the board to vote against the director and create a new board in their favor. This takes a long time and can be prevented
An option where the buyer is paid the difference between the strike price and the lowest price. Refer to option on the maximum/minimum, lookback option, and call on the maximum.
A financial professional who generates new business for an institution. This person is very successful in their area of trade.
When a portfolio is sold exposure is reduced to protect both parties. The cash settlement is paid and the derivatives are rewritten at current market levels. The process is repeated at the
Funds set aside to cover costs. They are established as contraacounts on a balance sheet. They can be hidden or implied for a security.
When a forward/future is purchased at a price less than the spot price plus the cost of carry and the difference is loaned until maturity creating a profit. Refer to cashandcarry arbitrage.
The attempt to profit by merger, acquisition, hostile takeover, recapitalization, spinoff, or other transactions based on the advice of a risk arbitrageur who analyzes future opportunities.
The spreading of exposure by combining firms with similar risk factors by risk pooling. Similar to group captive this is a retention vehicle.
Expected future claims covered by reserves paid by an insurer.
The labor that is exploited in a country. A country with large factor endowments are better off.