Asset-Backed Security

Asset-Backed Security Collateralized securities that are backed by leases, loans, receivables, or contracts of installment on personal property. … [Read more...]

Spot Trade

Spot Trade A trade where foreign currencies or commodities are bought and sold with delivery taking place immediately. Random Finance Terms for the Letter S Spot Trade Spread Spread Income Spread Strategy Spreadsheet Stakeholders Stand-Alone Principle Standard … [Read more...]

Affirmative Covenant

Affirmative Covenant Stipulations contained in the bond covenant specifying actions to be taken by a firm. … [Read more...]

Trust Fund

Trust Fund It is a fund made up of a number of assets and is built with the aim of benefiting an individual or organization. Random Finance Terms for the Letter T Trust Deed Trust Fund Trust Receipt TT&L Account Turnaround Turnaround Time Turnkey Construction … [Read more...]

Return on Assets (ROA)

Return on Assets (ROA) Measure denoted as percentage of gains or profitability. Formula - Net income over past year divided by average assets in total. Decomposed into asset utilization multiplied by return on sales. Random Finance Terms for the Letter … [Read more...]

Electronic Currency Trading

Electronic Currency Trading Currency trading method that is carried out through online brokerage accounts. Involves converting base currency at prevailing exchange rates to foreign currency. … [Read more...]

Close

Close Refer Opposite: Opening. A trading session’s ending phase. Also may refer to price at closing. … [Read more...]

Title

Title The recognition of ownership of a person over any item, like land, house, car etc. Random Finance Terms for the Letter T TIPS Title Tobin's Q Today's High Today's Low Tolling Agreement Tom Next Tombstone Too Big to Fail Top-Down Equity Management Style … [Read more...]

Buyout

Buyout Acquisition of a controlling interest or controlling share of stock of a company. Borrowed funds are used to facilitate leveraged buy-outs. … [Read more...]

Equity Kicker

Equity Kicker Refers to warrants as they are normally issued linked to bonds that are privately placed. … [Read more...]

Pac-Man Strategy

Pac-Man Strategy Defense used when facing business takeover. The business that is identified for takeover launches a tender for the prospective acquirer’s business. Random Finance Terms for the Letter P P&L P&S P2P P/E P/E Ratio P/E Effect PSA Pac-Man … [Read more...]

Structured Debt

Structured Debt A kind of debt instrument created by the lender to fit the borrower’s circumstances and requirements. Random Finance Terms for the Letter S Street Name Strike Index Strike Price Strip Mortgage Participation Certificate (Strip PC) Stripped … [Read more...]

Equity Stripping

Equity Stripping Reduction in the overall equity in a property undertaken to avoid creditors. By reducing the interest in the property, hence reducing equity, creditors will lose interest in laying claim to the property. … [Read more...]

Currency Swap

Currency Swap Formal agreement to exchange a sequence of given dues/ obligations denominated in currency A for a sequence of given dues/ obligations denominated in currency B. … [Read more...]

Gearing Ratio

Gearing Ratio Refers to the financial ratio that compares any form of owner's equity to borrowed funds. Evaluates financial leverage, and shows how much of a firm's activities are financed by owner's funds as compared with creditor's funds. … [Read more...]

Origination

Origination Creation of loans in mortgage market. Random Finance Terms for the Letter O Original Margin Original Maturity Origination OTC OTC Options Other Capital Other Current Assets Other Long Term Liabilities Other Sources Out-of-the-Money Option … [Read more...]

Effective Tax Rate

Effective Tax Rate Taxation rate applicable on a taxpayer if a constant rate was applicable instead of progressive taxation. Formula: total tax paid divided by income that is taxable. … [Read more...]

Settlement

Settlement When a trade is settled following the payment. Random Finance Terms for the Letter S Separation Property Separation Theorem Serial Bonds Serial Covariance Series Bond Series Set of Contracts Perspective Settlement Settlement Date Settlement Price … [Read more...]

Liquidation Rights

Liquidation Rights Security holder’s right with respect to repayment of their debts when the liquidation of the company occurs. … [Read more...]

Callable

Callable Financial securities where a call option is attached or where the issuer can call the security. For example, bonds with call options. … [Read more...]