INSIDER SYSTEM
A corporation controlled by a family. Refer to outsider system.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A corporation controlled by a family. Refer to outsider system.
Accounting rules accepted by all countries. Also called generally accepted accounting principles.
An event that suspends coupon interest and principal when losses meet an agreed upon amount. Also called an indemnity or parametric trigger.
Where private information is used to create more profit. Sometimes this is considered a crime and punished. Refer to gun jumping.
A bank started in 1946 to help the post war efforts. Also called a world bank or international finance corporation.
An investment strategy that tries to predict the future perfromance of an asset with minimum error. This is also called an active investment strategy or an index fund.
When a reinsurer is liable to any claims made by the insurer.
An international bank inside a US bank used for offshore business deals.
The trading range of a security whose status is pending.
Allows the buyer a pay as you go contract.
A bank started in 1956 to help third world development through loans.
When an investor shows interest in new securities. It is nonbinding because the securities are not yet registered. Refer to the defenition of circle.
A risk that causes loss that can be covered by the premium paid. Refer to uninsurable risk.
A group who facilitates international bond trading.
An offer given to a dealer that is uncertain. It is used as a guideline for future business offers.
When a company estimates failure rate to predict default. Structural or markto market models are ways to do this.
A group that represents over the counter derivatives marketplace internationally.
An individual who is affected by the company who are not direct share holder.
A temporary deposit to prevent default. Also called hot money.
An international panel that sets up accounting practices. Refer to financial accounting standards board.
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