An agreement between two or more EXCHANGES that permits MARGIN requirements to be computed on a net, rather than gross, basis. Such an agreement avoids

An ANTITAKEOVER DEFENSE used by a company seeking to avoid a future HOSTILE TAKEOVER by another company. In the event a hostile takeover is successful the CROWN JEWEL provision in the company

A SPREAD in the GRAINS market reflecting the price differential between soybeans (as feedstock) and soybean oil or soybean meal (the two main byproducts); the spread can be traded through a single

An Investment Trust being a corporate legal entity, may issue C shares (or

A time frame of 30 to 90 days during which a company that has gone into technical DEFAULT on a contractual payment is permitted to submit payment without further prejudice, and without

Any ASSET on the balance sheet with a final maturity of less than one year. Common current assets include cash, marketable securities (e.g., BONDS, COMMON STOCK, PREFERRED STOCK, and other investments), INVENTORY,

A regulatory method of computing CREDIT RISK on a SWAP under the BANK FOR INTERNATIONAL SETTLEMENT

Any LIABILITY contract on the corporate balance sheet with a final maturity of less than one year. Common current liabilities include COMMERCIALPAPER, shortterm NOTES, REPURCHASE AGREEMENTS, DEPOSITS, ACCOUNTS PAYABLE, and the current

A current measure of the return on a COUPONbearing FIXED INCOME security, generally computed as: where C is the coupon, and P is the purchase price of the security. See also BOND

The RISK of loss arising from a change in the shape of the YIELD CURVE (i.e., the TERM STRUCTURE of INTEREST RATES). Although curve risk is generally associated with interest rates, it

An AGENT that performs various duties on behalf of a client, including holding securities in safe CUSTODY, executing financial transactions under specific instructions, and collecting periodic CASH FLOWS from investments.

MARGIN posted by a FUTURES COMMISSION MERCHANT or client with a CLEARING MEMBER to cover the requirements of trades that have been executed and temporarily covered by the member

A rule for reinsurance that the reinsurer is not liable for losses after the termination date.

A substance that causes skin damage, defatting, dermatitus, irrititation, and rashes.

The date past a discount or offer is available. The terms are no longer applicable at this date.

The point when two opposite states separate.

The minimum need lenders use for credit approvals. It is based on FICO scoring systems. The score changes from one lender to another based on each institution. The party in need may

An alphanumeric code that is unique by libraries like the Dewey decimal classification to make a call number. The number is in alphabetical order and the authors name. It is named after

When competition prices in a predatory manner or promotes heavily to get rid of their rivals.

Slang term used when a company issues more dividends payment with a previous payment.