Investment banking

Investment banking

Of or relating to the business of underwriting, or acting as the client's agent, in the issuance of securities in order to assist an individual, commercial enterprise, corporation or government instution ro raise capital.

Industry: Banking

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Investment banking

Floor trader

Banking; Investment banking

Also: local. Exchange trader who executes trades strictly for his own account.

In the money

Banking; Investment banking

Situation where the spot price of an option's underlying is well above (call) or below (put) the strike price. See also at the money, out of the money.

Customer deposits

Banking; Investment banking

Also: customer funds. Accepting customer deposits is part of banks' core business in which they act as financial intermediaries. Banks use customer deposits as the main source of funding for their ...

Numismatics

Banking; Investment banking

The study of coins in all aspects, i.e. as a state-approved form of payment, as artefacts conveying information about language, writing and metallurgy, and as works of art.

Accruals and deferrals

Banking; Investment banking

Balance sheet item covering expenses and income attributable to a different reporting period to that in which they were paid. See also accrued income and prepaid expenses, accrued expenses and ...