Legal Dictionary

Tag: Financial Dictionary

  • Negative Amortization

    A loan repayment schedule in which the outstanding principal balance of the loan increases, rather than amortizing, because the scheduled monthly payments do not cover the full amount required to amortize the loan. The unpaid interest is added to the outstanding principal, to be repaid later….

  • Nationalization

    Nationalization

    Financial Definition of Nationalization Meaning of Nationalization A government takeover of a private company. International Trade Meaning and Definition of Nationalization A process whereby […]

  • Plus

    Dealers in government bonds normally give price quotes in 32nds. To quote a bid or offer in 64ths, they use pluses; a dealer who bids 4+ is bidding the handle plus 4/32 + 1/64, which equals the handle plus 9/64….

  • Note

    A brief memorandum; a writing usually brief. Also an abbreviation for a promissory note. A written obligation to pay moneys; a written paper acknowledging a debt and promising payment. A promise other than a certificate of deposit.-See §3-104 of U.C.C.; also see Negotiable instrument.

  • Pit

    A hole dug in the earth, which was filled with water, and in which women thieves were drowned, instead of being hung. The punishment of the pit was formerly common in Scotland. …

  • Mortgagee

    One who takes a mortgage as security for a loan.

  • P&L

    Financial Definition of P&L Meaning of P&L Profit and loss statement for a trader. Related Entries of P&L in the Encyclopedia of Law Project Browse or run a search for P&L in the American Encyclopedia […]

  • Picture

    Financial Definition of Picture Meaning of Picture The bid and asked prices quoted by a broker for a given security. Related Entries of Picture in the Encyclopedia of Law Project Browse or run a search […]

  • Original Face Value

    The principal amount of the mortgage as of its issue date….

  • Position

    Financial Definition of Position Meaning of Position A market commitment; the number of contracts bought or sold for which no offsetting transaction has been entered into. The buyer of a commodity is said to have a long position and the seller of […]

  • Positive Carry

    Related:net financing cost…

  • Net Income

    The company’s total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses….

  • Multinational Corporation

    A firm that operates in more than one country….

  • Multinational Corporation

    A firm that operates in more than one country….

  • Par Value

    Par Value

    In relation to the shares of a company , the term denotes the nominal value of the same.