General Finance

General Finance

Industry: Financial services

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General Finance

unencumbered

Financial services; General Finance

Property that is not subject to any claims by creditors. For example, securities bought with cash instead of on margin and homes with mortgages paid off.

W-type bottom

Financial services; General Finance

A double bottom pattern in a price history that looks like the letter W. See: Technical analysis.

tax refund

Financial services; General Finance

Money back from the government when too much tax has been paid or withheld from a salary.

surveillance department of exchanges

Financial services; General Finance

A department that monitors trading activity on an exchange in order to identify any unusual activity that may indicate illegal practices.

An option on an option. The buyer generally executes the split fee with first an initial fee, with a window period at the end of which (upon payment of a second fee) the original terms of the option ...

undigested securities

Financial services; General Finance

Newly issued securities that are not purchased because of lack of demand during the initial public offering.

Wraparound

Financial services; General Finance

The seller of an option, usually an individual, bank, or company that issues the option and consequently has the obligation to sell the asset (if a call) or to buy the asset (if a put) on which the ...