STATUTORY PROFIT
A calculation of premiums less expenses and losses to determine profitability of a company.
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A calculation of premiums less expenses and losses to determine profitability of a company.
A firm expecting underlying assets when an exchangetrade derivative contract expires. Refer to weak hands.
When a syndicate arrange the obligations of a loan between its members. There are primary and secondary offerings.
The closeout price of a derivative. It is used to calculate profit spread. AKA unwind price.
The value of a derivative contract at single price increment.
When a transaction on the foreign exchange or money market that is processed the next day. AKA dealing over tomorrow and rollover.
An event that sends up a warning to an investor to buy or sell.
An option that can be paid off if the reference asset underperforms against a strike price. Refer to outperformance spread and spread option.
Trades done between brokers that do not enter the exchange. The prices must be fair. Refer to crossed trade.
A german corporation’s management board. Refer to aufsichtsrat.
A friendly company that takes partial control of a company. Refer to black, gray, and white knights.
A company that is insolvent but continues to operate. This is done before restructuring or a bail out occur.
A future contract exchanged in reference to a specific index sector, benchmark equity index, or equity basket. This is also called a commodity, currency, or interest rate future.
An offer between dealers that exclude brokers.
A credit risk method introduced in 2004. It allows the bank to use its own method.
Two or more owners having property in their names.
Stock (shares) classified as subordinate to others issued. Distribution of rights issue, dividend payment, and capital repayment must occur to the superior issues before the subordinate issues are satisfied. Also refer to
Documented contracting statement detailing why a noncompetitive contract award instead of open competition was selected.
User authentication scheme for Open source (non-proprietary) and public domain (free). A client-server environment’s network security system. Named after Greek mythology’s fierce three-headed guard dog. At user login and every service request,
Typically employed in managerial or supervisory level employee training. Determining the level of performance required, time taken, quality of outcome, and total job or project quality by the study of a set