- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
Represents the liquidating value of all the assets in a customer's margin account (including options as well as any other investment instruments such as stocks, corporate bonds etc) and applying the results against any extension of credit. Money Market Funds are not included in this calculation.
Industry:Financial services
After the minimum quantity is reached, the number of bonds that can be traded.
Industry:Financial services
Allows the issuer to sell property securing the debt and substitute either cash or other property in order that the total value of collateral will not be reduced.
Industry:Financial services
Number of underlying shares represented by one option contract. The multiplier is usually 100 shares. Note: Options involve risk and are not suitable for all investors. Clients should understand thoroughly the risks and opportunities associated with trading options and should read the document entitled Characteristics and Risks of standardised Options before engaging in any options transactions.
Industry:Financial services
Fund seeks current income by allocating assets among different fixed income securities sectors, (no > 65% in one sector except for defensive purposes), including U.S. & foreign governments with a significant portion rated below investment grade.
Industry:Financial services
A contract in which the seller of debt securities, usually Treasury Bills, agrees to buy them back at a specified time and price. Also called repurchase agreement or buyback.
Industry:Financial services
Fixed-income securities issued by a municipality whose interest, depending on place of residence, may be exempt from state and local taxes.
Industry:Financial services
A feature that provides the ability to browse through selected BofAML Research reports, opinion changes and earnings estimate changes.
Industry:Financial services
The combined total long option positions held in account multiplied by the current market prices x the underlying unit of trading. (The underlying unit of trading for equity options is usually 100 shares.)
Industry:Financial services
A class of municipal bonds issued to finance a public project that is funded by the receipts of that project's operation.
Industry:Financial services
