Category: Finance Dictionary

Typically the venture capitalist initiating the deal, acting on behalf of the other investors. Oftentimes it is the partner or investor with the largest share of capital in a syndicated financing arrangement.

Ten underlying economic indicators as a composite index. Individually or combined, their trends predict changes in the economic cycle. Conference Board releases a report on this composite on or around the 20th

Health care, literacy, and per capita income are criteria for the UN designating some of the world’s poorest countries (48 in 1995) as ‘least developed’. Africa, Asia and Pacific, and Haiti have

Sum total of an individual’s legal advantages and disadvantages. Defined as the lawful characteristics and qualities of an entity. An example of these are a person’s age or asset ownership. From this,

For a common cause or in mutual benefit, friendly parties exchange or transfer of goods and services to each other.

Specified number of securities requested out of a new issue as an allotment is detailed in this document.

An allottee-stockholder-shareholder issues this written notification, renouncing or transferring new-issue allotted securities or rights to an issue to other stockholder(s).

Effort in providing service appropriate to satisfy customer needs and desires of clientele the firm wishes to attract and is not a profit killer. Measured amount and kind of service

A note that gives investors a possibility of returns through a coupon. Refer to inverse floating rate note.

In return for transferring a property to the caregiver, one or more persons are guaranteed lifetime care and maintenance, under this arrangement .

Contract between the entity buying the policy, as the insured or policy holder, and a life insurance company, as the insurer.

a port’s cranes and derricks load and offload a containerized cargo ship.

an electronic system that stores and displays information on limit orders and feeds the data to the specialist display book. Orders that are entered as good, until cancelled, remain in the system

The insured pays the entire premium sooner than a traditional model, as set in the policy.

Insurer’s categorization of the products and policies it sells, such as Homeowners, Health or Life.

1. A scheduled service between fixed ports on a trade route by such a cargo and/or passenger transport shipping line operations. 2. Material placed between two other materials to serve as a

Email messaging services’ dedicated computer system.

Carrying passengers using a rented vehicle. Typically an automobile insurance policies’ exclusion.

The point where warehouse meets the outside world; where goods are loaded on/off a vehicle. A warehouse area.

When a swaps principal cannot be increased or decreased no matter what the interest does.