Mark Berch:Regulation M

Outright rate
Actual forward rate expressed in dollars per currency_unit, or vice versa.

Syndicated Loan
A large Eurocurrencyloan from a group of international banks.

NASD form FR-1
A form required by the NASD of foreign dealers to ensure that firms participating in a new distribution of securities make a bona fide public offering.

Mark Berch:Regulation M
Federal Reserve Boardregulation that currently requires member banks to holdreserves against theirnetborrowings from their foreign branches over a 28-day averaging period. Reg M has also required member banks to hold reserves against Eurodollars lent by their foreign branches to domestic corporations for domestic purposes.

Dividend capture
See: Dividend rollover plan

Electronic depository transfers
The transfer of funds between bank accounts through the Automated Clearing House (ACH) system. Mark Berch

Collateral trust bonds
A bond in which the issuer (often a holding company) grants investors a lien on stocks, notes, bonds, or other financial asset as security. Compare mortgage bond.