Super Finance Glossary

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 "A"

Displaying next 120 results of 480
Advance
Definition: Increase in the market price of stocks, bonds, commodities, or other assets.
Advance Commitment
Definition: A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately.
Advance Computerized Execution System (ACES)
Definition: Refers to the Advance Computerized Execution System, run by Nasdaq. ACES automates trades between order entry and market maker firms that have established trading relationships with each other. Securities are designated as specified for automatic execution.
Advance Dividend
Definition: A payment made to an uninsured depositor after a bank or thrift failure. The amount of the advance dividend represents the FDIC's conservative estimate of the ultimate value of the receivership. Cash dividends equivalent to the board-approved advance dividend percentage (of total outstanding deposit claims) are paid to uninsured depositors, thereby giving them an immediate return of a portion of their uninsured deposit. Sometimes when it is projected that all depositor claims will be paid in full an advance dividend will be provided to unsecured creditors.
Advance Funded Pension Plan
Definition: A pension plan in which funds are set aside in advance of the date of retirement.
Advance Refunding
Definition: In the context of municipal bonds, refers to the sale of new bonds (the refunding issue) before the first call date of old bonds (the issue to be refunded). The refunding issue usually specifies a rate lower than the issue to be refunded, and the proceeds are invested, usually in government securities, until the higher-rate bonds become callable. See: Refunding escrow deposits.
Advancement
Definition: Money or property given to a person by the deceased before death and intended as an advance against the beneficiary's share in the will.
Adverse Opinion
Definition: An independent auditor's opinion expressing that a firm's financial statements do not reflect the company's position accurately. See also: Qualified opinion.
Adverse Party
Definition: Any person having a substantial beneficial interest in the trust that would be adversely affected by the exercise/non-exercise of their power with respect to the trust. A person having a power of appointment over trust property is deemed to have a beneficial interest in the trust. A related party to the grantor, such as the grantor's spouse, is generally considered to be subservient to the grantor, and therefore a nonadverse party. Irc § 672(c).
Adverse Selection
Definition: Refers to a situation in which sellers have relevant information that buyers lack (or vice versa) about some aspect of product quality.
Advising Bank
Definition: Corresponding bank in the beneficiary's country to which an issuing bank sends a letter of credit.
Advisory Letter
Definition: A newsletter offering financial advice to its readers.
AE
Definition: The two-character ISO 3166 country code for UNITED ARAB EMIRATES.
AED
Definition: The ISO 4217 currency code for United Arab Emirates Dirham.
AF
Definition: The two-character ISO 3166 country code for AFGHANISTAN.
AFA
Definition: The ISO 4217 currency code for Afghan Afghani.
Affidavit Of Loss
Definition: A sworn statement describing the particulars and circumstances of the loss of securities. This affidavit is required before a Bond of Indemnity can be issued and the securities replaced.
Affiliate
Definition: Relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company. See: Subsidiaries, parent company.
Affiliated Corporation
Definition: A corporation that is an affiliate to the parent company.
Affiliated Person
Definition: An individual who possesses enough influence and control in a corporation as to be able to alter the actions of the corporation.
Previous
Next