Super Finance Glossary

Finance

Over 10,000 financial glossary terms...

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Browsing by the letter "T"

490 Matches Were Found - Displaying next 40 results out of 490
Take Out Loan
Definition: The permanent (long term) financing of real estate after completion of construction. See "construction loan."
Take The Offer
Definition: Buy stock by accepting a floor broker's (listed) or dealer's (OTC) offer at an agreed-upon volume. Antithesis of hit the bid.
Take-and-pay Contract
Definition: An agreement that obligates the purchaser to take any product that is offered (and pay the cash purchase price) and pay a specified amount if the product is not taken.
Take-out
Definition: A cash surplus generated by the sale of one block of securities and the purchase of another, e.g., selling a block of bonds at 99 and buying another block at 95. Also, a bid made to a seller of a security that is designed (and generally agreed) to take the seller out of the market.
Take-up Fee
Definition: A fee paid to an underwriter in connection with an underwritten rights offering or an underwritten forced conversion. Represents compensation for each share of common stock the underwriter obtains and must resell upon the exercise of rights or conversion of bonds.
Takedown
Definition: The share of securities of each participating investment banker in a new or a secondary offering, or the price at which the securities are distributed to the different members of an underwriting group.
Takeout
Definition: A financing to refinance or take out another loan.
Takeover
Definition: General term referring to transfer of control of a firm from one group of shareholders to another group of shareholders. Change in the controlling interest of a corporation, either through a friendly acquisition or an unfriendly, hostile, bid. A hostile takeover (with the aim of replacing current existing management) is usually attempted through a public tender offer.
Takeover Target
Definition: A company that is the object of a takeover attempt, friendly or hostile.
Taker
Definition: The buyer of an option contract.
Takes A Call
Definition: Requires a phone call to an account in order for a trade to be completed. See: Show me.
Takes Price
Definition: Requiring some price movement or concession on behalf of the initiating party before a trade can be consummated. See: Price give.
Taking A View
Definition: A London expression; means forming an opinion as to where market prices are headed and acting on it.
Taking Delivery
Definition: When the buyer actually assumes possession from a seller of assets agreed upon in a forward contract or a futures contract.
Tandem Programs
Definition: Ginnie Mae mortgage funds provided at below-market rates to residential MBS buyers with FHA Section 203 and 235 loans and to developers of multifamily projects with Section 236 loans initially and later with Section 221(d)(4) loans.
Tangibility
Definition: Characteristic that an assets can be used as collateral to secure debt.
Tangible Asset
Definition: An asset whose value depends on particular physical properties. These include reproducible assets such as buildings or machinery and non-reproducible assets such as land, a mine, or a work of art. Also called real assets. Converse of: Intangible asset
Tangible Net Worth
Definition: Total assets minus intangible assets, which include patents and copyrights, and total liabilities.
Tape
Definition: (1) Service that reports prices and sizes of transactions on major exchanges-ticker tape. (2) Dow Jones and other news wires. See: Consolidated tape.
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