Mark Berch:Real return

Post-trade benchmarks
Prices after the decision to trade.

Business day
A day in which financial markets are open for trading.

Intangible asset
A legal claim to some future benefit, typically a claim to future cash. Goodwill, intellectual property, patents, copyrights, and trademarks are examples of intangible assets.

Mark Berch:Real return
The actual payback on an investment after removing the effect of inflation.

Financial assets
Claims on real assets.

Chartists
A technical analyst who charts the patterns of stocks, bonds, and commodities to find trends in patterns of trading used to advise clients. Related: Technical analysts. Mark Berch

Agreement among underwriters
A contract among participating members of a syndicate that defines the members' proportionate liability, which is usually limited to and based on the participants' level of involvement. The contract outlines the payment schedule on the settlement date. Compare: Underwriting agreement.