Super Finance Glossary

Over 10,000 financial glossary terms...

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Break: A rapid and sharp price decline. Related: Crash.

Quanto swap: Differential swap

Round Turn: A completed transaction involving both a purchase and a liquidating sale, or a sale followed by a covering purchase.

Living benefits: Life insurance benefits from which the insured can draw cash while still living, usually in the case of some high-cost illness.

Fill: The execution of an order.

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