Blue sky

Blue sky

Laws State laws in the United States aimed at protecting the public against securities frauds. They require new issue offerings to be registered and full financial details provided. The phrase is thought to derive from a reference by a Supreme Court judge that some investment schemes had about as much value as a patch of blue sky.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Financial services
Category: General Finance
Company: Reuters
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Related terms

blue sky

Convention; Conferences

Term for extreme design, thinking or abstract value.

blue sky

Financial services; General Finance

Laws State laws in the United States aimed at protecting the public against securities frauds. They require new issue offerings to be registered and full financial details ...

blue sky laws

Professional careers; Sales

Legislation intended to prevent sales to gullible investors.

blue sky laws

Economy; Economics

legislation intended to prevent sales to gullible investors.

blue sky law

Financial services; Private equity

(USA) State laws regulating the offer and sale of securities and the registration of broker/dealers. All securities issued by a company must be offered and sold in compliance with ...

blue-sky laws

Financial services; General Finance

State laws covering the issue and trading of securities.

hardship assistance

Financial services; General Finance

A financial assistance given out in times of personal fincancial hardship, e.g. loss of job, insurance, or property.

government grants

Financial services; Accountancy; Finance; General Finance

Awards of financial assistance in the form of money by governments to an eligible grantee with no expectation that the funds will be paid back. This does not include technical ...

bankers' acceptances (BA)

Financial services; General Finance

Sometimes known as time drafts, these are bearer-form short-term non-interest-bearing notes sold at a discount, redeemed by accepting banks for full face value at maturity.

bed and breakfast deal

Financial services; General Finance

The sale of a share and its repurchase shortly after the beginning of a new tax year. This allows shareholders to register a capital loss or profit for tax purposes while ...

Bank for International Settlements (BIS)

Financial services; General Finance

An international organization that fosters international monetary and financial co-operation and serves as a bank for central banks and international financial organizations. It ...

Buoni Ordinari del Tesoro (BOT)

Financial services; General Finance

Italian Treasury bills with maturities of three, six and 12 months, issued at a discount.

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