Author: Banking Meaning
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Capital Gain Or Capital Loss
Profit or loss from the sale of a capital asset. The capital gains provisions of the tax law are complicated. You should consult your tax advisor for specific information….
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Buy Side
The portion of the securities business in which institutional orders originate….
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Brokers’ Loans
Money borrowed by brokers from banks or other brokers for a variety of uses. It may be used by specialists to help finance inventories of stock they deal in; by brokerage firms to finance the underwriting of new issues of corporate and municipal securities; to help finance a firm’s own […]
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Callable
The power of the issuer of bonds or preferred shares of stock to redeem all or part of the bonds or preferred shares prior to maturity.
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Blue Chip
A company known nationally for the quality and wide acceptance of its products or services, and for its ability to make money and pay dividends….
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Averages
Various ways of measuring the trend of securities prices, one of the most popular of which is the Dow Jones Industrial Average of 30 industrial stocks listed on the New York Stock Exchange. The prices of the 30 stocks are totaled and then divided by a divisor that is intended to compensate for […]
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Auditor’S Report
A section of an annual report containing the auditor’s opinion about the veracity of the financial statements….
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American Depositary Receipt (Adr)
A security issued by a U.S. bank in place of the foreign shares held in trust by that bank, thereby facilitating the trading of foreign shares in U.S. markets….
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American Stock Exchange (Amex)
The second-largest stock exchange in the United States. It trades mostly in small-to medium-sized companies….