Mark Berch:Order imbalance

Elasticity of demand
The degree of buyers' responsiveness to price changes. Elasticity is measured as the percent change in quantity divided by the percent change in price. A large value (greater than 1) of elasticity indicates sensitivity of demand to price, e.g., luxury goods, where a rise in price causes a decrease in demand. Goods with a small value of elasticity (less than 1) have a demand that is insensitive to price, e.g., food, where a rise in price has little or no effect on the quantity demanded by buyers.

Bourse
French for a stock market.

In between
Used in the context of general equities. Priced higher than the bid price but lower than the offer price. See: In the middle

Mark Berch:Order imbalance
Orders of one kind for a stock not offset by the opposite orders, which causes a wide spread between bid and offer prices.

Primary distribution
Sale of a new issue of stock or bonds, as distinguished from a secondary distribution.

Russell 3000
A market capitalization-weighted benchmarkindex made up of the 3000 largest US stocks, which represent about 98% of the US equity market. Mark Berch

Net assets
The difference between total assets on the one hand and current liabilities and noncapitalizedlong-termliabilities on the other hand.