Copy of `Superglossary - Finance`

The wordlist doesn't exist anymore, or, the website doesn't exist anymore. On this page you can find a copy of the original information. The information may have been taken offline because it is outdated.

Superglossary - Finance Category: Economy and Finance > Finance Date & country: 16/12/2013, USA Words: 5410

Deterministic Models
A warrant entitles the holder to buy a given number of shares of stock at a stipulated price. A deta

Detrend
Liability-matching models that assume that the liability payments and the asset cash flows are known

Deutsche B�rse AG (DBAG)
To remove the general drift, tendency, or bent of a set of statistical data as related to time. Ofte

Deutsche Terminb�rse (DTB)
Deutsche B

Devaluation
Formerly the German financial futures and options market. Merged with the Swiss Options and Financia

Diagonal Spread
A decrease in the spot price of a currency. Often initiated by a government announcement.

Dialing For Dollars
An options strategy requiring a long and a short position in the same class of option at different s

Diamonds
A term used to describe the practice of cold calling, but which has negative implications as it is f

Diff
Units of interest in the diamonds trust, a unit investment trust that serves as an index to the Dow

Difference From S and P
Short version of Euro rate differential, which is a Chicago Mercantile Exchange Futures contract tha

Differential
A mutual fund's return minus the change in the Standard & Poor's 500 index for the same time period.

Differential Disclosure
A small charge, typically 1/8 point, added to the purchase price and subtracted from the selling pri

Differential Swap
The practice of reporting conflicting or markedly different information in official corporate statem

Diffusion Process
Swap between two LIBOR rates of interest, e.g., yen LIBOR for dollar LIBOR Payments are in one curre

Digits Deleted
A conception of the way a stock's price changes that assumes that the price takes on all intermediat

Dilution
Designation on securities exchange tape meaning that because the tape has been delayed, some digits

Dilution Protection
Diminution in the proportion of income to which each share is entitled.

Dilutive Effect
Standard provision that changes the conversion ratio in the case of a stock dividend or extraordinar

Dip
Result of a transaction that decreases earnings per common share (EPS).

Direct Costs
Slight drop in securities prices after a sustained uptrend. Analystsoften advise investors to buy on

Direct Estimate Method
Expenses, such as labor, overhead, and materials, that vary in direct proportion to units produced o

Direct Investment
A method of cash budgeting based on detailed estimates of cash receipts and cash disbursements categ

Direct Labor
The purchase of a controlling interest in a company or at least enough interest to have enough influ

Direct Lease
Wages paid for activities directly related to production of units sold or services delivered, consid

Direct Overhead
Contract in which a lessor purchases new equipment from the manufacturer and leases it to the lessee

Direct Paper
A fraction of overhead costs devoted to the manufacturing sector of a firm to cover expenses such as

Direct Participation Program
Commercial paper sold directly by the issuer to investors.

Direct Placement
An investment program enabling investors to directly participate in the cash_flow and tax benefits o

Direct Quote
Selling a new issue not by offering it for sale publicly, but by placing it with one of several inst

Direct Search Market
For foreign exchange, the number of U.S. dollars needed to buy one unit of a foreign currency.

Direct Stock-Purchase Programs
Buyers and sellers seek each other directly and transact directly.

Directorship
Investors purchase securities directly from the issuer.

Dirty Float
Used in the context of general equities. Stock status whereby a trader may not maintain positions in

Dirty Price
A system of floating exchange rates in which a government may intervene to change the direction of t

Dirty Stock
Bond price including accrued interest, i.e., the price paid by the bond buyer.

Disability Income Insurance
A stock that fails to fulfill prerequisites to attain good delivery status.

Disbursement Float
An insurance policy that insures a worker in the event of an occupational mishap resulting in disabi

Discharge Of Lien
The termination of bankruptcy proceedings, resulting in cancellation of the debtor's obligations.

Disclaimer Of Opinion
An order terminating a lien on property.

Disclosure
An auditor's statement that does not express any opinion regarding the company's financial condition

Discontinued Operations
A company's release of all information pertaining to the company's business activity, regardless of

Discount
Divisions of a business that have been sold or written off and that no longer are maintained by the

Discount Bond
Convertible

Discount Broker
Debt sold for less than its principal value. If a discount bond pays no coupon, it is called a zero

Discount Factor
A brokerage house featuring relatively low commission rates in comparison to a full-service broker.

Discount Period
Present value of $1 received at a stated future date.

Discount Rate
The period during which a customer can deduct the discount from the net amount of the bill when maki

Discount Securities
The interest rate that the Federal Reserve charges a bank to borrow funds when a bank is temporarily

Discount Window
Non-interest-bearing money market instruments that are issued at a discount and redeemed at maturity

Discount Yield
Facility provided by the Fed enabling member banks to borrow reserves against collateral in the form

Discounted Basis
The yield or annual interest rate on a security sold to an investor at a discount. A bond that is so

Discounted Cash Flow (DCF)
To sell below maturity value, so that the difference makes up all or part of the interest.

Discounted Dividend Model (DDM)
Future cash flows multiplied by discount factors to obtain present values.

Discounted In-By Market
A formula to estimate the intrinsic value of a firm by figuring the present value of all expected fu

Discounted Payback Period Rule
Unannounced information that is widely accepted or anticipated, and hence is already taken into acco

Discounting
An investment decision rule in which cash flows are discounted at an interest rate and one determine

Discounting The News
Calculating the present value of a future amount. Discounting is opposite to compounding.

Discrete Compounding
An adjustment of a stock's price as speculators bid the price up or down in anticipation of news abo

Discrete Random Variable
Compounding the time value of money for separate time intervals.

Discrete Variable
A random variable that can take only a certain specified set of individual possible values-for examp

Discretionary Account
Variable like 1, 2, 3. Bond ratings are examples of discrete classifications.

Discretionary Cash Flow
Accounts over which an individual or organization, other than the person in whose name the account i

Discretionary Income
Cash flow that is available after the funding of all positive net present value (NPV) capital invest

Discretionary Order
The amount of income a consumer has available after purchasing essentials such as food and shelter.

Discretionary Trust
A type of buy order that gives the broker the freedom and power to make the execution at any time an

Discriminant Analysis
In the context of mutual funds, refers to a mutual fund or unit trust whose management decides on th

Dishonor
A statistical process that links the probability of default to a specified set of financial ratios.

Disinflation
A refusal to pay.

Disintermediation
A decrease in the rate of inflation.

Disinvestment
Withdrawal of funds from a financial institution in order to invest them directly.

Disposable Income
A reduction in capital investment reflected by a decrease in capital goods and a company's decision

Distress Sale
The amount of personal income an individual has after taxes and government fees, which can be spent

Distributed
The selling of assets under adverse conditions, e.g., an investor may have to sell securities to cov

Distributing Syndicate
As new Treasury issues in dealers' hands are said to be distributed.

Distribution
A syndicate consisting of a number of brokerage firms or investment bankers that work together to se

Distribution Area
Selling a large lot of a security in such a way that the security price is not heavily influenced.

Distribution Period
An established price range in which a stock has been trading in for a significant amount of time. Se

Distribution Plan
The few days between the board of directors' declaration of a stock dividend (declaration date) and

Distribution Stock
A mutual fund's plan to charge distribution costs such as advertising to the investors of the fund.

Distributions
A small amount of a specific stock that forms part of a larger block of stock that is sold small amo

Divergence
Payments from fund or corporate cash flow. May include dividends from earnings, capital gains from s

Diversifiable Risk
When two or more averages or indexes fail to show confirming trends.

Diversification
Related

Diversified Investment Company
Dividing investment funds among a variety of securities with different risk, reward, and correlation

Divestiture
An investment vehicle such as a mutual fund that invests in an assortment of securities.

Dividend
A complete asset or investment disposal such as outright sale or liquidation.

Dividend Clawback
A portion of a company's profit paid to common and preferred shareholders. A stock selling for $20 a

Dividend Clientele
An arrangement under which sponsors of a project agree to contribute as equity any prior dividends r

Dividend Discount Model (DDM)
A group of shareholders who prefer that the firm follow a particular dividend policy. Such a prefere

Dividend Growth Model
A method to value the common stock of a company that is based on the present value of the expected f

Dividend In Arrears
An approach that assumes dividends grow at a constant rate in perpetuity. The value of the stock equ

Dividend Limitation
Accumulated dividends on cumulative preferred stock that are deemed payable to the current holder.

Dividend Payout Ratio
A bond covenant that restricts in some way the firm's ability to pay cash dividends.

Dividend Policy
Percentage of earnings paid out as dividends.

Dividend Rate
Standards by which a firm determines the amount of money it will pay as dividends.

Dividend Record
The fixed or floating rate paid on preferred stock based on par value.

Dividend Reinvestment Plan (DRP)
S&P publication stating companies' payment histories and corporate policies.

Dividend Requirement
Automatic reinvestment of shareholder dividends in more shares of a company's stock, often without c

Dividend Rights
The annual earnings minimum required for payment of dividends on a preferred stock.

Dividend Rollover Plan
A shareholder's rights to receive per-share dividends identical to those other shareholders receive.