Super Finance Glossary

Finance

Over 10,000 financial glossary terms...

Browse by Letter: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Or Enter Search Term: By Author:
 Search Tips
If you want to refine these results, please use the search box.
Hint: Not sure how the word is listed? Just enter the first few letters.

Browsing by the letter "H"

Displaying first 20 results of 158
H
Definition: Fifth letter of a Nasdaq stock symbol specifying that the issue is the second preferred bond of the company.
H-H Page
Definition: Quotron display page that shows new listed inquiries/orders received after the block call.
HAB
Definition: See: House Air Waybill
Haircut
Definition: The margin or difference between the actual market value of a security and the value assessed by the lending side of a transaction).
Half-life
Definition: The point in the life of a mortgage-backed security guaranteed or issued by the Government National Mortgage Association, the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation when half the principal has been repaid.
Half-stock
Definition: Stock, common or preferred, with a $50 par value.
Hammering The Market
Definition: Heavy selling of stocks by speculators who think that the stock is overvalued and is about to drop.
Hand Held Terminal
Definition: A small computer terminal used by floor brokers or floor traders on an exchange to record trade information and transmit that information to the clearing organization.
Handle
Definition: The whole-dollar price of a bid or offer is referred to as the handle (e.g., if a security is quoted at 101.10 bid and 101.11 offered, 101 is the handle). Traders are assumed to know the handle. See: Full.
Hands-off Investor
Definition: An investor who has a large stake in a company, but does not wish to play an active role in the management of the corporation.
Hands-on Investor
Definition: An investor who has a large stake in a corporation and takes an active role in its management . Antithesis of hands-off investor.
Hang Seng Index
Definition: The major index in Hong Kong.
Hard Call Protection
Definition: Usually refers to callable bonds. The period of time when a bond cannot be called, no matter what the interest rate is. That is, if the interest rate falls sharply, most callable bonds will be called (so the bond issuer can reissue at a lower interest rate). Hard call protection ensures that the holder of the bond can benefit when rates fall.
Hard Capital Rationing
Definition: A capital budget that under no circumstances can be violated.
Hard Currency
Definition: A freely convertible currency that is not expected to depreciate in value in the foreseeable future.
Hard Dollars
Definition: Actual separate payments made by a customer for services, including research, provided by a brokerage firm. Antithesis of soft dollars.
Hardening
Definition:

(1) Describes a price which is gradually stabilizing;

(2) a term indicating a slowly advancing market.

Harmless Warrant
Definition: Warrant that allows the user to purchase a bond only by surrendering an other bond with similar terms.
Hart-Scott-Rodino Act
Definition: Often used in risk arbitrage. Antitrust act administered by U.S. Department of Justice and the FTC that requires an investor to file a form with the government before he acquires an economic interest in the lesser amount of $15 million or 15% of the capitalization of a specific security. The government has thirty days to respond to the filer.
Harvey, Campbell R.
Definition: Author of this glossary. Finance professor at Duke University. Author of research on international finance, asset allocation, and emerging markets.
Next