Availability Float Deposited checks that have not yet been cleared and funds made available to depositing firm. … [Read more...]
Average
Filed Under: a by
Average Mean of some chosen stocks that are designed to represent market behavior or behavior of a component of the market. For example, Dow Jones Industrial Average. … [Read more...]
Average Accounting Return
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Average Accounting Return The earning from a project after adjusting taxes and depreciation divided by the book value of the investment over its useful life, on an average. … [Read more...]
Average Age of Accounts Receivable
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Average Age of Accounts Receivable A firm’s outstanding invoice age computed using weighted-averages. … [Read more...]
Average Age Of Inventory
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Average Age Of Inventory Average time taken in number of days for a firm to sell its inventory product. Formula: (average cost of inventory at its present level divided by cost of goods sold) multiplied by 365. … [Read more...]
Average Collection Period, or Days’ Receivables
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Average Collection Period, or Days' Receivables Accounts receivables compared to sales as a ratio, Or average AR/sales * 365 (total credit extended for each dollar of daily sales). … [Read more...]
Average Cost of Capital
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Average Cost of Capital Payout required to be made by a firm to stockholders and bondholders, expressed in terms of a percentage of the contribution of capital. Formula: total required cost of capital divided by total amount of capital contributed. … [Read more...]
Average Daily Float
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Average Daily Float -The dollar value of checks or similar negotiable instruments that can be said to be under collection process over a period, divided by total number of days of that period - The number of shares of a company that are outstanding and tradable for the public on an … [Read more...]
Average Life
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Average Life Also termed weighted-average life (WAL). Number of years on average that a dollar of outstanding principal on a mortgage remains unpaid. Computed as the weighted average time (using the principal paydowns’ dollar amounts as weights) to receipt of all future cash flows. … [Read more...]
Average Maturity
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Average Maturity Time left, on an average, to maturity date on securities owned by a mutual fund. Long average life funds are impacted more by interest rate changes. … [Read more...]
Average (Across-Day) Measures
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Average (Across-Day) Measures Price estimation using average price or representative price of trades in large numbers cumulatively. … [Read more...]
Average Rate of Return (ARR)
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Average Rate of Return (ARR) Average cash inflow compared to investment amount represented as a ratio. … [Read more...]
Average Tax Rate
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Average Tax Rate Formula: total taxes divided by total income that is taxable. Shows taxes as a fraction of income. … [Read more...]
Away
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Away Used to denote a quote, trade, or market originating from some place other than the dealer in question. … [Read more...]
Ax
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Ax A market maker who has the primary influence over a given security’s price action. Determined by studying level II quotes over several days. … [Read more...]
BAN- Bank Anticipation Notes
Filed Under: b by
BAN- Bank Anticipation Notes State or municipality issued note to raise interim funds for projects proposed to be funded by bond issue in the long term. … [Read more...]
BASIC- Banking And Securities Industry Committee
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BASIC- Banking And Securities Industry Committee Committee set up in 1970 that oversees processing of stock certificates and options by standardizing and automating the procedures involved. … [Read more...]
BEY- Bond Equivalent Yield
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BEY- Bond Equivalent Yield Annualized yield to maturity calculated by doubling the yield achieved semiannually. … [Read more...]
Back Fee
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Back Fee A fee payable by buyer for continuation of an option to a specified extension date. … [Read more...]
Back Office
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Back Office Clerical operations in a brokerage house that support though they do not actually involve stock or securities trading. For example, written confirmation of trades and settlement, record upkeep, compliance with regulations. … [Read more...]
