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Online services

Any business that provides its subscribers with a wide variety of data transmitted over telecommunications lines, an infrastructure in which they can communicate with one another as well as the means to connect with an almost unlimited number of third-party information providers.

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selling short

Financial services; General Finance

Selling a stock not actually owned. If an investor thinks the price of a stock is going down, the investor could borrow the stock from a broker and sell it. Eventually, the ...

swaption

Financial services; General Finance

Options on interest rate swaps. The buyer of a swaption has the right to enter into an interest rate swap agreement by some specified date in the future. The swaption agreement ...

tender

Financial services; General Finance

To offer for delivery against futures.

cheddar

Dairy products; Cheese

The most widely purchased and eaten cheese in the world. Cheddar cheeses were originally made in England, however today they are manufactured in many countries all over the world. ...

selling short against the box

Financial services; General Finance

Selling short stock that is actually owned by the seller but held in the box, meaning it is held in safekeeping. The seller borrows securities needed to cover as the stock in the ...

security market line

Financial services; General Finance

The linear relationship between expected asset returns and betas posited by the Capital Asset Pricing Model.

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