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Law
Of or pertaining to the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.
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Year-end dividend
Financial services; General Finance
A special dividend declared at the end of a fiscal year that usually represents distribution of higher-than-expected company profits.
punch shot
Sports; Golf
A shot usually used to get the ball out of difficult rough. The ball is hit on the downward stroke of a half swing shoots the ball out hard, fast and low.
uncovered call
Financial services; General Finance
A short call option position in which the writer does not own shares of underlying stock represented by the option contracts. Uncovered calls are much riskier for the writer than ...
usury laws
Financial services; General Finance
Laws limiting the amount of interest that can be charged on loans.
