PORTFOLIO PUMPING
When managers buy extra stock to boost prices higher. This is done at the quarter and end of the financial year. Refer to window dressing.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
When managers buy extra stock to boost prices higher. This is done at the quarter and end of the financial year. Refer to window dressing.
An insured with less risk of loss and claims than the normal applicant. Insurers find these risks to increase their underwriting income and lower settlements.
Stock that has a first claim on assets. If distress should occur these stockholders get first dibs.
A strategy that uses external borrowed funds instead of internal funds. Refer to quasi arbitrage.
An options whose profits are from derivative into foreign currency. The investor can participate in the foreign markets and still be protected from risk. AKA guaranteed exchange rate option and quantity adjusted
Liabilities of a bank that are exposed to interest rate changes. Refer to asset liability management and ratesensitive asset.
A transaction between a related entity and a company.
An insurance policy structured as adverse development cover loss portfolio transfer, and retrospective aggregate loss cover allowing management of existing liabilities and losses. AKA postfunded policy. Refer to prospective finite policy.
When a firm repos securities from a party that pays a finance charge in agreement to sell them at a higher price at a predetermined date in the future. AKA reverse, resale,
Identifying, quantifying, managing, and monitoring financial and operating risk. Refer to risk identification, risk management, risk monitoring, and risk quantification.
The closing of an option to obtain a lower strike price. Refer to roll forward and roll up.
An established investment that has been in the secondary market long enough for there to be a history making it relatively predictable and safe.
A captive with greater tax benefits that acts as expanded pure captive. Refer to agency captive, group captive, protected cell company, rentacaptive, and sister captive.
A coupon associated with the first inerest payement on a bond or note. Any payments made afterward are done in a normal semiannual or annual monthly cycle.
A firm that is failing that becomes a prime takeover possibility.
Finite reinsurance where premium is paid to an experience account every year for the contracts duration. The account generates a rate that covers loss. If anything is left at maturation it is
A government requirement that contractors, businesses, and fiduciaries whose work affects public interest maintain a security bond to ensure sufficient fortification in case the contract individual breaks contract.
A US market Separate Trading of Registered Interest and Principal Securities.
The contract syndicate members agree to. It designates the structure, rules, and time period. AKA underwriting agreement. Refer to subscription agreement.
The yield on tax free securities. It is compared with taxable investment opportunities. Refer to yield to maturity, yield to call, simple yield, bond equivalent yield, and discount yield.