Mark Berch:Tenbagger

Foreign Corrupt Practices Act
An amendment to the Securities Exchange Act created to sanction bribery of foreign officials by publicly held US companies.

Stable Paretian, or Fractal Hypothesis
In the characteristic function of the fractal family of distributions, the characteristic exponent alpha can range between one and two. See: Alpha, Fractal Distributions, Gaussian.

Statistical tracking error
Used in the context of general equities. Standard deviation of the difference between the portfolioreturn and the desired investment benchmark return.

Mark Berch:Off-floor order
Used for listed equity securities. (1) Order to buy or sell a security that originates off the floor of an exchange; customer orders originating with brokers, as distinguished from orders placed by floor memberstrading for their own accounts. Exchange rules require that an off-floor order be executed before orders initiated on the floor. Upstairs order. Antithesis of on-floor order; (2) order not handled on the floor but instead upstairs.

Premium income
The income received by an investor who sells an option.

Credit Standards
The guidelines a company follows to determine whether a credit applicant is creditworthy. Mark Berch

Lending securities
Securitiesborrowed from a broker'sinventory, from another customer's margin account, or from another broker, when a customer is required to deliver on a short sale.