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Quality management

Relating to the processes or means used to achieve product and service quality.

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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 ...

security selection

Financial services; General Finance

See: Security selection decision

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 ...

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