Category: Finance Dictionary

Surplus of the actual deal price over the concluding price of a deal (includes remedial work and allowed changes).

Legal kinship between parties of contract demonstrated by 1) a proposal, 2) proposal

In the US markets, the period between the filing of a final PROSPECTUS and the offering of a NEW ISSUE of securities to public investors. The cooling off period is typically 20

INFLATION that results from increased costs of production, including raw materials and labor. Higher production costs are priced into goods and services, leading labor to demand higher wages to meet the higher

A contra account that is used to fund EXPECTED CREDIT LOSSES. Reserves are established by deducting required amounts from operating revenues or current income, and are used when a COUNTERPARTY ceases to

A regulatory method of computing CREDIT RISK on a SWAP under the BANK FOR INTERNATIONAL SETTLEMENT

A collection of items of the same type stored in a hidden or inaccessible place or a hidden or inaccessible storage place for valuables, provisions, or ammunition.

An office set up to handle a large volume of telephone calls, esp. for taking orders and providing customer service.

An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the worst performing ASSET in a PORTFOLIO. See also CALL ON THE

A billing method in which a wireless phone caller pays only for making calls and not for receiving them. The standard American billing system requires wireless phone customers to pay for all

An OVERTHECOUNTER SWAP structure that gives either party involved in the swap the OPTION to terminate the transaction at a future date. See also CALLABLE SWAP, PUTABLE SWAP.

A statistical measure which helps determine how well a process meets customers

Capital surplus (also referred to as additional paid in capital, paid in capital in excess of par or share premium, is an accounting term which frequently appears as a balance sheet item

A healthcare plan that allows payment of a flat fee for each patient it covers. Under a capitation, an HMO or managed care organization pays a fixed amount of money for its

Calcium carbide (CaC2), used to generate acetylene by reaction with water and formerly used in portable lamps.

A card not present transaction (CNP) is a credit card purchase made over the telephone or over the Internet where the physical card has not been swiped into a reader. It is

Stages in a career which might indicate time for a promotion or change.

A common carrier is liable for all shipment loss, damage, and delay with the exception of that caused by act of God, act of a public enemy, act of a public authority,

Refer to Chemical Abstracts Service registration number.