General Finance

General Finance

Industry: Financial services

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General Finance

MUD

Financial services; General Finance

A municipal utility district, which is a political subdivision that administers utility-related services, sometimes requiring the issue of special assessment bonds.

telephone switching

Financial services; General Finance

Moving one's assets from one mutual fund or variable annuity to another by telephone.

underwriter

Financial services; General Finance

A firm, usually an investment bank, that buys an issue of securities from a company and resells it to investors. In general, A party that guarantees the proceeds to the firm from a security sale, ...

workout period

Financial services; General Finance

Realignment of a temporarily misaligned yield relationship that sometimes occurs in fixed income markets.

underwriting

Financial services; General Finance

Acting as the underwriter in the issue of new securities for a firm.

World Bank

Financial services; General Finance

A multilateral development finance agency created by the 1944 Bretton Woods, (New Hampshire) negotiations. It makes loans to developing countries for social overhead capital projects that are ...

two-sided market

Financial services; General Finance

A market in which both bid and asked prices, good for the standard unit of trading, are quoted. When customers or market makers are lined up on both sides (buy and sell) of a stock.