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The highest price a broker/dealer is prepared to pay for the purchase of a given amount of a financial asset (e.g., shares, bonds or currency) at any [...]
The highest price a broker/dealer is prepared to pay for the purchase of a given amount of a financial asset (e.g., shares, bonds or currency) at any [...]
1. The amount of cash or other qualifying assets as collateral deposited to ensure performance of a contract. 2. The overcollateralization provided by [...]
A debt security issued by a national government agency or government sponsored enterprise (GSE) for a public purpose in a variety of structures, coupo [...]
1. The act of fulfilling a counterparty’s obligation under a financial transaction, thereby discharging the party of the obligation.2. The description [...]
A market for the over-the-counter (OTC) trading of equity securities that are not listed on an exchange, including the OTC Bulletin Board and OTC Link [...]
An investment company that continuously issues redeemable shares without limit (open end) and upon investor demand, typically through a registered bro [...]
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