10 Terms
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General Finance
Industry: Financial services
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General Finance
temporary assets
Financial services; General Finance
That portion of a firm's current assets that fluctuates in response to seasonal or anticipated short-term.
unearned income (revenue)
Financial services; General Finance
Income received in advance of the time at which it is earned, such as prepaid rent.
two-tier bid
Financial services; General Finance
Takeover bid in which the acquirer offers to pay more for the shares needed to gain control than for the remaining shares, or to pay the same price but at different times in the merger period; ...
unearned interest
Financial services; General Finance
Interest that has been received on a loan, but that cannot be treated as a part of earnings yet, because the principal of the loan has not been outstanding long enough.
Wrinkle
Financial services; General Finance
Selling a put option at an exercise price that would represent a good investment by an option writer who believes a stock's value will fall, so that the writer cannot lose. If the stock price ...
underwriting syndicate
Financial services; General Finance
A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter.
