Utilities

Utilities

Of or related to any publicy utility institution mandated with maintaining the infrastructure for a particular public service; such as the provision of water, gas and electricity.

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Matagalpa

Beverages; Coffee

One of the best coffees from Nicaragua.

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 ...