- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
The receipt of an exercise notice by an option writer (seller) that obligates him to sell (in the case of a call) or purchase (in the case of a put) the underlying security at the specified strike price.
Industry:Financial services
When a debtor fails to either repay interest or repay the principal of a loan.
Industry:Financial services
An option is at the money if the strike price of the option is equal to the market price of the underlying security.
Industry:Financial services
The possibility that a bond issuer will default, i.e. fail to repay principal and interest in a timely manner. Also called credit risk.
Industry:Financial services
The Automated Investment programme enables you to invest in the mutual funds of your choice at a fixed-dollar amount and purchase frequency you select.
Industry:Financial services
Defines the type of order being placed or trade completed, i.e. Buy (Bought), Sell (Sold), FA Buy, FA Sell, SR Sell, Exchange, etc.
Industry:Financial services
A type of debt retirement where the bond remains outstanding. An irrevocable trust is established to service the principal and interest payments of the issue being defeased. The trust consists of low risk assets.
Industry:Financial services
This is the "Money or Funds" available for trading purposes in the account. It includes Money Accounts, funds plus Cash, plus or minus any intraday Debits or Credits. Examples of intraday Debits are: executed buy orders and "Fed Funds Wires out". And examples of intraday Credits are: executed Sell orders and "Fed Funds wires In".
Industry:Financial services
Features on policy- Automatic Withdrawal programme (AWP), Automatic Transfer programme (ATP), Dollar Cost Averaging (DCA), Automatic Investment Feature (AIF), etc.
Industry:Financial services
Purchases that have been authorised at the time of sale based on the available assets in your account, but not debited from your account until the Wednesday prior to the last Friday of the month.
Industry:Financial services
