Category: Finance Dictionary

Scripted, one-sided (but included in the ambit of adjustment clause), or agreed together bilaterally, change. A deal alteration may bring in or call off specifications or conditions of a already existing deal,

Low carriage charge assured by a transporter for a prolonged period, provided that the customer commits to providing a large volume.

Stipulation in a deal which provides a contractor with the power to choose certain substances or methods out of a sanctioned list.

The market value of the shares of COMMON STOCK into which a CONVERTIBLE BOND can be exchanged, generally computed as: where Convratio is the CONVERSION RATIO and S is the stock price.

(1) The general class of financial transactions that a company may consider to alter its structure, operations, or business focus, including MERGER, ACQUISITION, CARVEOUT, DIVESTITURE, RECAPITALIZATION, LEVERAGED BUYOUT, or MANAGEMENT BUYOUT. (2)

An OPTION position where the seller of the option already holds the UNDERLYING ASSET or cash that must be delivered if the buyer EXERCISES the option. Selling covered options is a relatively

A practice where ORDERS to buy and sell listed securities are matched (

The point when two opposite states separate.

The branch of mathematics that deals with the finding and properties of derivatives and integrals of functions, by methods originally based on the summation of infinitesimal differences. The two main types are

Market in which brokers and dealers borrow money to satisfy their credit needs, either to finance their own inventory of securities or to cover their customers’ margin accounts.

The risk that a bond will be called prior to its maturity date, causing the bond’s principal to be returned sooner than expected.

Rooms in a university or college halls of residence, occupied by students during term time and visitors during student holidays. This is a good option for those on a tight budget.

A memorized speech that is designed to target all audience members without any discrimination.

An asset that is set to generate income and one depreciation is claimed usually.

For example, if a building is purchased for $1,000,000 sale price and it produces $100,000 in positive net operating income (the amount left over after fixed costs and variable costs are subtracted

A customer who does not have realistic alternatives to buying power from the local utility, even if that customer had the legal right to buy from competitors.

An underground oil or gas trap formed in reefs, clastic limestones, chemical limestones, or dolomite.

The process of using a previously earned post-secondary credential to enter another program at a higher level.

A United States statute governing the rights and responsibilities between shippers of cargo and ship-owners regarding ocean shipments to and from the United States. It is the U.S.