4 Terms
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Finance
Industry: Financial services
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Finance
Basis risk
Financial services; Finance
The risk that the price of a future will vary from the price of the underlying cash instrument as expiry approaches.
Cash cow
Financial services; Finance
Something that generates a strong and steady flow of income, usually a product or a business.
Cash equivalent
Financial services; Finance
An asset that is so easily and quickly convertible to cash that holding it is equivalent to holding cash.
Bankruptcy
Financial services; Finance
A court proceeding in which the assets of an insolvent company or individual are liquidated.
Goodwill
Financial services; Finance
Goodwill is the excess price paid for a company above the value of its assets and may cover intangible assets such as brand names. It is normally only recognised in the accounts of a company when it ...
Market order
Financial services; Finance
An order that should be executed immediately whatever the current price.
