Finance

Finance

Industry: Financial services

Add a new term

Contributors in Finance

Become a Contributors

Finance

Reserve requirements

Financial services; Finance

Requirements regarding the amount of funds that banks must hold in reserve against deposits made by their customers. This money must be in the bank's vaults or at the closest Federal Reserve bank.

Traditionally, the exchange of one security for another to change the maturity (bonds), quality of issues (stocks or bonds), or because investment objectives have changed. Recently, swaps have grown ...

Option premium

Financial services; Finance

The current price of any specific option contract that has yet to expire. For stock options, the premium is quoted as a dollar amount per share and most contracts represent the commitment of 100 ...

Dead president

Financial services; Finance

Another word for money (slang). Used because American bills have pictures of the dead presidents. .

Tick

Financial services; Finance

A tick is the smallest unit of measure of price fluctuation of securities or futures. It is not a periodic account of that price, a definition derived from "ticker" where several prices in cyclical ...

Interest

Financial services; Finance

The charge for the privilege of borrowing money, typically expressed as an annual percentage rate. Or, the amount of ownership a stockholder has in a company, usually expressed as a percentage.

Indenture

Financial services; Finance

A contract between an issuer of bonds and the bondholder. It is another name for the bond contract terms, which are also referred to as a deed of trust.