Category: S

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.

A New York Stock Exchange membership that enables an agent to trade on the floor on their won behalf or for a client. This membership is transferable.

The collection of payments, particularly mortgage payments, by a trustee or servicing agent from a financial institution.

Maturity dates of less than three years on a yield curve. Refer to belly of the curve and long end.

Capital stock with less than 1 billion market capitalization. Refer to ankle biter large cap stock micro stock and mid cap stock.

When the difference between two assets and a strike price are used to pay off debt or loss. AKA difference, outperformance, and underperformance options. Refer to multi index option and yield curve

A calculation of premiums less expenses and losses to determine profitability of a company.

A firm expecting underlying assets when an exchangetrade derivative contract expires. Refer to weak hands.

When a syndicate arrange the obligations of a loan between its members. There are primary and secondary offerings.

The resale by a bank or securities firm of securities on behalf of an investor where the seller is responsible for commission fees but keeps the proceeds from the sale.

When all transactions are cancelled due to default. Both debtor and investor agree to this. Refer to novation and payment netting.

When a short position is used to protect the long position. Refer to long hedge.

When stop orders cause upward or downward market movement setting off additional stop orders, continuing until several cycles occur. Refer to gather in the stops.

Risk due to changes between two assets with a common link. This is a category of market risk.

The offset of foreign exchange market effects by increasing or decreasing the national money supply by a monetary authority such as a central bank. It is a manipulation of the value of