Mark E. Berch: Duplicate Proxy
06/30/2014 12:36
Glossary of Stock Market Terms & Definitions - Mark E. Berch:
Self-tender offer
A company that tenders for its own shares.
Public Book (of order)
The orders to buy or sell, entered by the public, that are generally away from the current market. The order book official or specialist keeps the public book. Market-Makers on the CBOE can see the highest bid and lowest offer at any time. The specialist's book is closed (only he knows at what price and in what quantity the nearest public orders are). See also Market-Maker and Specialist. Mark Berch
Plain vanilla swap
See: Fixed for floating swap Mark Berch
Pulling in their horns
Investors selling off positions after a stock or bondmarket has increased sharply or setting up hedgingpositions to guard against a negative turn of the market.
Mark E. Berch:Duplicate Proxy
A second proxy received on an account. If the second proxy bears a more recent date than the first proxy, and has a different voting pattern, the second proxy will override the first.
Capital gains yield
The price change portion of a stock's return.
Staggering maturities
Hedging against interest rate movements by investment in short-, medium-, and long-termbonds.Mark Berch
Implicit Bankruptcy Costs
Opportunity costs incurred prior to the bankruptcy process such as the loss of sales or financing.
Self-tender offer
A company that tenders for its own shares.
Public Book (of order)
The orders to buy or sell, entered by the public, that are generally away from the current market. The order book official or specialist keeps the public book. Market-Makers on the CBOE can see the highest bid and lowest offer at any time. The specialist's book is closed (only he knows at what price and in what quantity the nearest public orders are). See also Market-Maker and Specialist. Mark Berch
Plain vanilla swap
See: Fixed for floating swap Mark Berch
Pulling in their horns
Investors selling off positions after a stock or bondmarket has increased sharply or setting up hedgingpositions to guard against a negative turn of the market.
Mark E. Berch:Duplicate Proxy
A second proxy received on an account. If the second proxy bears a more recent date than the first proxy, and has a different voting pattern, the second proxy will override the first.
Capital gains yield
The price change portion of a stock's return.
Staggering maturities
Hedging against interest rate movements by investment in short-, medium-, and long-termbonds.Mark Berch
Implicit Bankruptcy Costs
Opportunity costs incurred prior to the bankruptcy process such as the loss of sales or financing.