Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

HOT ISSUE

When the initial public offering demand is more than is avialable. It occurs in high profile companies.

HOT MONEY

1. AKA discretionary income. 2. A short term capital that moves with little notice to another country for more profit. Massive sums are transfered into a profit friendly economy causing a false

HOT SITE

An alternate computer center chat is made available to continue should a disaster occur in the primary lab. Refer to cold site and warm site.

HOT SPARE

A back up part for a computer that is available if the primary one fails.

HOT STONE RULE

A management method that states discipline should follow after the incident, give proper warning, be consistent, and be impersonal.

HOT SWAPPABLE

A computer component that can be removed without shutting down the system. AKA hot pluggable.

HUNG DEAL

When an underwrite buys unsold securities and than sells them at a discount. This is also called a sticky or stuck deal.

HYBRID MODEL

A corporation owned by family interest that has illiquid capital markets, inactive corporate control, and nascent regulations. Also called a relationship or market model.

FUNDAMENTAL

Foundational; bottom-line component; vital point; without this item, nothing constructive can be built; a core or key aspect of something bigger.

FUNDED DEBT

Using bonds or loans to raise monies. Sometimes done through issuance of securities such a bonds.

FUNDED PENSION PLAN

Pay out for all future retirement benefit claims for a pension plan are currently available.

FUNDING OPERATIONS

Transferring to long-term, fixed-interest debt, like bonds from short-term or floating interest investment vehicles.

FUNGIBILITY

The ability to exchange or substitute one ASSET with another. Fungibility is important in COLLATERAL management for OVERTHECOUNTER DERIVATIVES and REPURCHASE AGREEMENTS, and in delivery decisions for EXCHANGETRADED DERIVATIVES.

FUNGIBLE

Recognized as being uniform, exchangeable, and a worthwhile substitute. Applies in the economy as cash for cash, corn for corn, and gold for gold. Any commodity to be traded on a commodity

FUNNEL EXPERIMENT

Quality control experiment. Traditionally, it is hitting a mark on a smooth, flat surface below a funnel guiding marbles dropped. Demonstrates the need to remove variation from a process or a system.

FUNNEL SINKING FUND

Bond issuers retire outstanding bonds, especially high-coupon issues, using one annual sinking fund requirement. A repeatable, advantageous method.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.