General Finance

General Finance

Industry: Financial services

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General Finance

Tenants by Entireties (TEN ENT)

Financial services; General Finance

Joint ownership of property or securities by a husband and wife where, upon the death of one, the property goes to the survivor.

selling on the good news

Financial services; General Finance

A strategy of selling stock shortly after a company announces good news and the stock price rises. Investors believe that the price is as high as it can go and is on the brink of going down.

spot interest rate

Financial services; General Finance

Interest rate fixed today on a loan that is made today. Related: Forward interest rates.

swap reversal

Financial services; General Finance

An interest rate swap designed to end a counterparty's role in another interest rate swap, accomplished by counterbalancing the original swap in maturity, reference rate, and notional amount.

tenants in common

Financial services; General Finance

Account registration in which two or more individuals own a certain proportion of an account. Each tenant's proportion is distributable as part of the owners estate, so that if one of the account ...