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Non-profit organizations
Abbreviated as NGO, and also known as not-for-profit organisation; an organisation that does not distribute its surplus capital to shareholders or owners, but instead uses them to pursue its original goals.They are usually exempt from income and property tax and most often include charitable organisations, trade unions and public arts organisations.
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sweep account
Financial services; General Finance
Account providing that a bank invest all the excess available funds at the close of each business day for the firm.
specialist block purchase and sale
Financial services; General Finance
Purchase of a large number of securities by a specialist for himself or to pass on to another floor trader or block buyer.
tender offer premium
Financial services; General Finance
The premium offered above the current market price in a tender offer.
suitability rules
Financial services; General Finance
Policies and guidelines that brokers must use to ensure that investors have the financial means to assume risks that they wish to undertake. These are enforced by the NASD and ...
chevres
Dairy products; Cheese
These cheeses are made from goat's milk. They come in many sizes and shapes, such as round patties, log-shapes, drum-shapes, pyramids, round loaves, long loaves etc.; their ...
Selling Syndicate
Financial services; General Finance
A group of underwriters that issues a firm's securities by buying them from the issuing firm and reselling them to a group of smaller brokerage firms for eventual sale to ...
