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

Category: Finance Dictionary

APPROPRIATENESS

Acting appropriately or fitting the requirements that are asked of a party.

ARCHIPELAGO

1. A group of islands in the same body of water that are scattered far apart from eachother. They are part of a land mass near them. 2. An etrading firm from

ARMS INDEX

When adcance decline ratio and upside downside ratios are compared to get the markets strength. A moving average is used for 4 to 55 days depending on the time being analyzed. A

ATTITUDE

The choice to be positive or negative about a certain idea. It affects a persons action, responses, and rewards.

AUTOMATIC PROPORTIONAL REINSURANCE

Reinsurance that transfers risk. The losses and gains are split between the insurer and reinsurer. The reinsurer must pay a fee to transfer the commission.

AUTOSHIP

When a shipment is made regularly with an automated payment. It helps with commission.

AVERAGE LIFE

1. the time before a debt is to be paid. the figures are used to compare the best option. Refer to half life. AKA economic life.

AXONOMETRIC PROJECTION

1. a projection that shows an ojects three dimensions. The axes are oriented relative to the projected surface. 2. A 3d drawing of a building based on a floor plan. The lines

AVOIDANCE OF CONTRACT

Cancelling a contract when it cannot be continued or is no longer profitable. The parties are released from their agreements.

ASSESSABLE SECURITY

A security that is payable on a further call. The UK calls this a partly paid security.

ADJUSTED BREAKEVEN

A measure of the number of years it takes for an investor to recover the initial CONVERSION PREMIUM paid when purchasing a CONVERTIBLE BOND, after accounting for the fact that the investor

ADVANCE DIRECTIVE

A document about final wishes of an individual. It is drawn up in case the person becomes unable to make their own decisions. AKA living will.

ADVERSE TRUSTEE

A party related to a person owning a trust. Or an employee who has interest in the company trust.

AFLOAT

Goods on a boat betwen the start and end of the journey.

AGENCY CAPTIVE

A CAPTIVE, owned by one or more INSURANCE AGENTS, which is used to write insurance cover for a large number of third party clients. See also GROUP CAPTIVE, PROTECTED CELL COMPANY,PURE CAPTIVE,

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.