- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
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Arrangement used to finance inventory. A finance company buys the inventory, which is then held in trust for the user.
Industry:Financial services
Summary of a stock or commodities exchange order ticket by the registered representative on receipt of a buy or sell order from a client; gives the floor broker the information needed to execute a securities transaction.
Industry:Financial services
A stock exchange member who generally trades only for his own account or for an account controlled by him, or who has such a trade made for him. Also referred to as a "local."
Industry:Financial services
The costs associated with creating capital through the issue of new stocks or bonds, including the compensation earned by the investment banker plus legal, accounting and printing expenses.
Industry:Financial services
In the context of municipal bonds, refers to the statement displaying the priorities by which municipal revenue will be applied to the debt. In the context of mutual funds, refers to the movement of money into or out of a mutual funds or between or among various fund sectors.
Industry:Financial services
