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General Finance
Industry: Financial services
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General Finance
Zombies
Financial services; General Finance
Companies that continue operation while they await merger or closure, even though they are insolvent and bankrupt.
self-liquidating loan
Financial services; General Finance
Loan to finance current assets. The sale of the current assets provides the cash to repay the loan.
wire house
Financial services; General Finance
A firm operating a private wire to its own branch offices or to other firms, commission houses, or brokerage houses.
wire room
Financial services; General Finance
A department within a brokerage firm that receives customers' orders and transmits the orders to the exchange floor or the firm's trading department.
