- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
The current outstanding principal of a commercial line of credit loan. If this account is an LMA, loan balance is the principal balance (i.e. the amount borrowed less any principal repayments made) on this loan.
Industry:Financial services
The difference between the current price and the price at the last close of business.
Industry:Financial services
Fund that invests primarily in participation interests in collateralized senior corporate loans that have floating or variable rates. Typically, if rated, such loans are of investment grade quality.
Industry:Financial services
The percent change in price for the designated time horizon. Most figures are calculated on a daily basis.
Industry:Financial services
Securities can be either exempt from or subject to state and local taxes.
Exempt-Interest from the security is free from state and local taxes
Subject-Interest from the security is not free from state and local tax.
Industry:Financial services
Buy a security at (or below) a specified price or sell at (or above) a specified price.
Industry:Financial services
The location of the merchant and/or their processing area (as seen in Accounts CMA® Visa® Signature/Gold Delayed Debits).
Industry:Financial services
The price range within which an offering is expected to be priced.
Industry:Financial services
Related to Equities: Recent closing price divided by the theoretical dollar amount per common share a shareholder might expect to receive from a company's tangible book value should liquidation take place. A Price to Book value of less than 3 is typically considered to be value while a number greater than 3 is considered to be growth.
Related to Mutual Funds: The price/book of an individual company is calculated by dividing the current market price of the company's common stock by the book value (tangible assets minus liabilities) per share of the company. A fund's price/book ratio is calculated by averaging the price/book ratios of all companies whose securities are held in the fund's portfolio.
Industry:Financial services
