An investment or debt instrument’s stated annual interest rate. Does not include a compounding component and is not adjusted even if the return is paid monthly, semiannually or annually. Also known as

A member of a clearinghouse that is must first put their trades through a trading member.

An insurer not allowed to sell insurance in the insurers state.

When insurance policies are not properly arranged and do not give enough protection.

A stock that pays investors but denies them claim to suspened stock.

An independant director who is not a member of the management team.

Common risks to all companies that are avoidable by diversifying.

The real interest rate with the addition of inflation.

Provided the employer or management keeps its side of the bargain, a union pledges to not initiate any strike action during the life of the agreement as stated in this type of

When upward and downward price movement are not equal.

A loan whose collateral is securites. The margin rule is not used to acquire more securities.

A bond that can’t be redeemed in any alternate form.

Supplier will give no award or order below this type of minimum acceptable price.

The way amounts payable and received are computed.

A term meaning our account. It is used by foreign banks to handle its local currency.

A guaranteed contract with fixed returns and time period. Any returns made after the time agreed to are not given to the investor.