8 Terms
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General Finance
Industry: Financial services
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General Finance
zero-sum game
Financial services; General Finance
A type of game wherein one player can gain only at the expense of another player.
variable cost
Financial services; General Finance
A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero.
1099
Financial services; General Finance
A statement sent to the IRS and taxpayers by the payers of dividends and interest and by issuers of taxable original issue discount securities.
zero-plus tick
Financial services; General Finance
Used for listed equity securities. Transaction at the same price as the preceding trade, but higher than the preceding trade at a different price. Antithesis of zero-minus tick. See: Short sale.
variable annuities
Financial services; General Finance
Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio.
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