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Bloomberg L.P.
Industry: Financial services
Number of terms: 73910
Number of blossaries: 1
Company Profile:
World's leading financial information-service, news, and media company.
A mortgage agreement allowing a homeowner to borrow against home equity and receive tax-free payments until the total principal and interest reach the credit limit of equity, and the lender is either repaid in full or takes the house.
Industry:Financial services
U.S. SEC regulation whose purpose is to ensure that select groups of investors are not privy to firm-specific information before other investors. Executives are not allowed to reveal nonpublic information during their communications with analysts and select shareholders. If information is inadvertently released, they must take steps to broaden the dissemination of the information within 24 hours of discovering the disclosure.
Industry:Financial services
A market capitalization-weighted benchmark index made up of the 2000 smallest US companies in the Russell 3000.
Industry:Financial services
Speed with which new orders respond to a change in prices.
Industry:Financial services
Used in the context of general equities. (1) natural, (2) not dividend roll-or program trading-related; (3) not tax-related. "Real" indications have three major repercussions: a) pricing will be more favorable to the other side of the trade since an investment bank is not committing any capital; b) price pressure will be stronger if real since a natural buyer/seller may have information leading to his decision or more behind it, and c) an uptick may be required for the trader to transact if the indication is not real and the trader has no long position.
Industry:Financial services
A type of mortgage pipeline risk that occurs when a lender commits to sell loans to an investor at rates prevailing at the time of mortgage application but sets the note rates when the borrowers closes. The lender is thus exposed to the risk of falling rates.
Industry:Financial services
Federal Reserve Board regulation of lenders other than commercial banks, brokers, or dealers that provide credit for the purchase of or carrying of securities. This regulation was discontinued by a 1998 amendment.
Industry:Financial services
A market capitalization-weighted benchmark index made up of the 3000 largest US stocks, which represent about 98% of the US equity market.
Industry:Financial services
An effective upper bound on prices achieved because of many willing sellers at that price level.
Industry:Financial services
Identifiable assets, such as land and buildings, equipment, patents, and trademarks, as distinguished from a financial investment.
Industry:Financial services