Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance Dictionary

FIBER

Basic components of fabrics. It must be 100 times its width and be at least 5mm if made into yarn. It is also spelled as fibre.

FIELD RESEARCH

An activity that collects data by many means like phone and mail surveys.

FINAL PROSPECTUS

A document used to sell a security. It describes the enterprise, management style, and financial status of the company. Compare this term to Red Herrig Prospectus.

FINANCIAL CLOSE

When conditions are finished or waived and the drawdown is possible for a contract.

FINANCIAL HOLDING COMPANY

In the United States, a holding company authorized under the GRAMMLEACHBLILEY ACT that is permitted to own entities involved in securities TRADING and UNDERWRITING, CORPORATE FINANCE, INSURANCE, asset management, and commercial banking.

FINANCIAL SETTLEMENT

A DERIVATIVE contract that requires SETTLEMENT in financial or cash, rather than physical, terms. See also PHYSICAL SETTLEMENT.

FINANCING INSTRUMENT

Documents used as a certificate, note or bond that gets equity capital or loan capital.

FIRST LOSS

In an INSURANCE or REINSURANCE arrangement, the position that absorbs the initial losses arising from damage or destruction. The first loss position can be created through a DEDUCTIBLE where the INSURED bears

FISCAL AGENT

A party that is an agent for a principal. They pay rent, distribute dividends, adn pay debts as well as other responsibilities.

FIST TO FIVE

A dispute resolution way to show agreeance. The fist is shown with the appropriate fingers of the amount of agreement and understanding. A 0 is a fist and an open hand is

FIXED BUDGET

A plan that doesn’t change no matter if there is a change in output.

FIXED RATE LOAN

A loan contract with interest and payment amount that is the same through the life of the loan. AKA fixed rate mortgage.

FLASH MANUFACTURING PMI

The responses to a survery from managers. It shows the economic conditions in an area. It is a report that uses 85% of the surveys taken.

FLEA MARKET

A market that uses vendors to trade merchandise for money. It is outdoors and may have a small fee to enter. It came from a Frenc term from the 1920s suggesting that

FLEXIBLE SPECIALIZATION

When a firm has multi use equipment and multi tasking employees to adapt to market changes. The changes are fast and the company must change to continue to function and profit.

FLIPPER

An investor receiving an ALLOCATION in an INITIAL PUBLIC OFFERING, ADDON, or NEW ISSUE that sells the securities several hours or days after issuance to lockin a shortterm capital gain. Also known

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