GILT-EDGED MARKET-MAKER (GEMM)
A PRIMARY DEALER in GILTS that commits to quoting twoway prices and bidding competitively at primary auctions. While GEMMs were once required to be separately capitalized legal entities, they may now form
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A PRIMARY DEALER in GILTS that commits to quoting twoway prices and bidding competitively at primary auctions. While GEMMs were once required to be separately capitalized legal entities, they may now form
Typically, one who oversees a global public offering. Often called a manager of the offering. One who is also responsible for coordinating the activities of all lead managers and underwriters. These underwriters
A global measurement of the quantity of entities recovering at least 60 percent of financial losses due to corporate fraud. Purchasing economic crime insurance and early detection of fraudulent activities are methods
1. Company shares now available for open market trading. Moving from private to public. 2. Privately-held or unknown information made available to all.
When a trader believes the price of a share, bond, or commodity will lower in the near future, that trader can sell a share, bond, or commodity before actually buying it. On
Developed by Goldman Sachs. A system used by investment managers and advisors to research, order buys and sells, and calculate outcomes. A computerized investment portfolio management system.
Exercise executive power, fairly and systematically.
Level-structured organizational salaries. Individual performance, seniority, experience and job grade all factor into salary increases.
Job or work costing estimated by those who will do the work is used to develop the budget.
Although the original stock issue had a limited share amount available, a stockbroker offers more stocks to clients.
Un-depreciated, total invested value of business assets. This more accurately presents actual financial commitment to an asset with potential return by the firm.
Total revenue minus total cost of goods or services sold. This includes all production, marketing, and distribution costs.
Where a ground wire is connected to earth as the neutral service wire as a part in an electrical service panel.
A loan with monthly payments that increase yearly. The more that is paid the more principal is paid and the time of the loan is shortened.
The party the court deems responsible for an incapacitated, handicapped, or minor in court.
Any ideas that give an organization guidance in circumstances even if goals change and work changes.
1. cutting excess without losing the main goal. 2. the difference betwen the market and loan advanced based on an asset. Refer to loan asset. 3. the margin between the buying and
A small device that works like a laptop but is not one. It can have a calendar, diary, data management, word processing, network, and internet access. AKA personal digitial assistant.
A budget with no room for change. There are limited resources so it mus have a strict budget.
A publicatin with a signature stitched between two pieces of board covered. AKA clothbound, hardback, or hardbound. Refer to soft cover.