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 The information may have been taken offline because it is outdated.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

House Call
A type of account at a brokerage firm that is given a high level of priority and is handled by the m

House Maintenance Requirement
Notification by a brokerage house that a customer's margin account is below the minimum maintenance

House Of Issue
The internal rules of a brokerage house that govern the minimum amount of equity that must be presen

House Poor
An investment banking firm whose business it is to underwrite stock or bond issues and offer the sec

House Rules
People who are short on cash because most of their money is tied up in their homes are 'house poor.'

Housing Bond
Internal rules of broker-dealer firm that govern the handling of its customers' accounts.

How Are You Making XXX
Bonds issued by a local housing authority to finance housing projects.

Hubris
What is your market in a particular stock? See

Hulbert Rating
An arrogance due to excessive pride and an insolence toward others. A classic character flaw of a tr

Human Capital
A rating by Hulbert Financial Digest, a service of CBS MarketWatch, of how well the recommendations

Hung Up
The unique capabilities and expertise of individuals.

Hunkering Down
Used to describe the position of an investor whose stocks or bonds have dropped in value below their

Hurdle Rate
A term used to describe a trader selling off a big position in a stock.

Hybrid
The required return in capital budgeting. For example, if a project has an expected rate of return h

Hybrid Annuity
A package of two or more different kinds of risk management instruments that are usually interactive

Hybrid Security
A type of insurance company investment that combines the benefits of both a fixed annuity and a vari

Hypothecation
A convertible security whose optioned common stock is trading in a middle range, causing the convert

IBCs Money Fund Report Average
Fifth letter of a Nasdaq stock symbol specifying that it is the third preferred bond of the company.

Identified Shares
Treasury savings bonds with a 30-yeat maturity indexed to account for inflation.

Idiosyncratic Risk
Stock or mutual fund whose purchase date and price may be identified for capital gains and tax purpo

Illegal Dividend
In over-the-counter trading, same as H-H page, but exclusively for OTC stocks.

Illiquid
A corporation's dividend that is declared in violation of its charter and/or of state laws, typicall

Imbalance Of Orders
In the context of finance. absence of cash flow needed to fulfill financial debts and meet obligatio

Immediate Family
Used for listed equity securities. Too many market orders of one kind-buy or to sell or limit orders

Immediate Payment Annuity
Market or limited price order that is to be executed in whole or in part as soon as such order is re

Immediate Settlement
An annuity contract paid by a single payment and with a specified payment plan the starts immediatel

Immunization
Delivery and settlement of securities within five business days.

Immunization Strategy
The construction of an asset and a liability match that benefits from offsetting changes in value.

Impaired Capital
A bond portfolio strategy whose goal is to eliminate the portfolio's risk, in case of a general chan

Impaired Credit
When a company's total capital is less than the par value of all its capital stock.

Implied Call
Result of a borrower's reduced credit rating.

Implied Repo Rate
The right of the homeowner to prepay, or call, a mortgage at any time.

Implied Volatility
The rate that a seller of a futures contract can earn by buying an issue and then delivering it at t

Imputation Tax System
A development strategy followed by many Latin American countries and other L.D.C.s that emphasize im

Imputed Interest
Arrangement by which investors who receive a dividend also receive a tax credit for corporate taxes

Imputed Value
Used in accounting to refer to interest that has effectively been paid to a bondholder, even though

In and Out
Refers to the value of an asset, service, or company that is not physically recorded in any accounts

In Between
Refers to over-the-counter trading. Trade in which the trader has both the buyers and sellers lined

In Competition
Used in the context of general equities. Priced higher than the bid price but lower than the offer p

In Hand
Indication that the customer has revealed trading interest to multiple brokers and that the trade wi

In Play
Used in the context of general equities. Firm indicating control of a bid, offer, or order.

In The Box
Often used in risk arbitrage. Company that has become the target of a takeover, and whose stock has

In The Hole
Means that a dealer has a wire receipt for securities, indicating that effective delivery on them ha

In The Middle
Used in the context of general equities. Below the inside market when one is attempting to sell the

In The Tank
Used in the context of general equities. At a price exactly in between the bid and offer prices.

In Touch With
Used in the context of general equities. Slang expression meaning market prices are dropping rapidly

In-And-Out Trader
A security that trades in very small volume on a daily basis. See:

In-House
Tax form required to determine the amount of state tax due on an inheritance.

In-House Processing Float
In the context of general equities, keeping an activity within the firm. For example, rather than go

In-Line
(1) Firm is now followed by analysts at a particular securities house; (2) Indication to cover short

In-Substance Defeasance
Financial securities, such as money market instruments or capital market instruments.

In-The-Money
A put option that has a strike price higher than the underlying futures price, or a call option with

Inactive Asset
Used in the context of general equities. Having a sell inquiry in a stock (not a firm customer sell

Inactive Post
Asset not used in a productive manner at all times.

Inactive Stock-Bond
Trading post on NYSE floor where inactive, lightly traded stocks are traded in 10-share lots as oppo

Incentive Fee
A daytrader, or a speculator who buys and sells the same security on the same day.

Incestuous Share Dealing
Compensation paid to commodities trading advisers or to any practitioner who achieves above-average

Income
Trading of shares between companies in order to create a tax or financial benefit for the companies

Income Beneficiary
Another term for net income.

Income Bond
One who receives income from a trust.

Income Dividend
A bond whose payment of interest is contingent on sufficient earnings. These bonds are commonly used

Income Exclusion Rule
Any payout to mutual fund shareholders resulting from interest, dividends, or other income.

Income Fund
The IRS rule that excludes certain types of income from taxation, e.g., welfare payments.

Income Investment Company
A mutual fund that seeks to provid to liberal current income from investments.

Income Limited Partnership
A management company focused on managing a mutual fund whose primary purpose is income generation, t

Income Property
A limited partnership whose main goal is income generation, e.g., real estate, oil equipment.

Income Statement
Real estate purchased for the reasons of income generation.

Income Stock
A statement showing the revenues, expenses, and income (the difference between revenues and expenses

Income Tax
Common stock with a high dividend yield and few profitable investment opportunities.

Income Tax Expense
A state or federal government's levy on individuals as personal income tax and on the earnings of co

Incontestability Clause
Levies on the income of a business imposed by federal and state governments. This expense appears on

Incorporation
Clause in a life insurance contract preventing the insurer from revoking the policy after it has bee

Incremental Cash Flows
A legal process through which a company receives a charter and the state in which it is based allows

Incremental Cost Of Capital
Difference between the firm's cash flows with and without a project.

Incremental Costs And Benefits
Average cost applicable to the issue of each additional unit of debt and equity.

Incremental Internal Rate Of Return
Costs and benefits that would occur if a particular course of action is taken, compared to those tha

Indemnify
Internal rate of return (I.R.R.) on the incremental investment from choosing a larger instead of a s

Indenture
Used in insurance policy agreements as to compensation for damage or loss. Hold harmless

Independent Auditor
Agreement between lender and borrower that details specific terms of the bond issuance. Specifies le

Independent Broker
A certified public accountant operating outside the company who can provide an accountant's opinion.

Independent Project
NYSE member who executes orders for floor brokers and firms other than its own.

Index
A project whose acceptance or rejection is independent of the acceptance or rejection of other proje

Index And Option Market (IOM)
Statistical composite that measures changes in the economy or in financial markets, often expressed

Index Fund
An investment/trading strategy that exploits divergences between actual and theoretical futures pric

Index Model
Investment fund designed to match the returns on a stock market index. Mutual fund whose portfolio m

Index Option
A model of stock returns using a market index such as the S&P 500 to represent common or systematic

Index Warrant
A call or put option based on a stock market index.

Indexed Bond
A stock index option issued by either a corporate or a sovereign entity as part of a security offeri

Indexing
Bond whose payments are linked to an index, e.g., the consumer price index.

Indicated Dividend
A passive instrument strategy calling for construction of a portfolio of stocks designed to track th

Indicated Yield
Total amount of dividends that would be paid on a share of stock over the next 12 months if each div

Indication
The yield, based on the most recent quarterly rate times four. To determine the yield, divide the an

Indication Of Interest
(1) Notice given by a dealer (through Autex) or customer of an interest in buying or selling stock,

Indicator
A dealer's or investor's interest in purchasing (not commitment to buy) securities that are still in

Indifference Curve
Used in the context of general equities. Technical or fundamental measurement that securities analys

Indirect Quote
The expression in a graph of a utility function, where the horizontal axis measures risk and the ver

Individual Retirement Account (IRA)
For foreign exchange, the number of units of a foreign currency needed to buy one U.S. dollar.

Individual Tax Return
A provision of the law governing IRA's that enables a retiree or anyone receiving a lump-sum payment

Inductive Reasoning
A tax return filed by an individual to account for their personal income and taxes payable.

Industrial Production
The attempt to use information about a specific situation to draw a conclusion.