Author: todorm

A bond that pays interest only if the issuing entity has earned income.

The amount of money, property, and other transfers of value received over a set period of time as compensation for services, payments, investments, pension distributions, and others.

An order that tries to fill as much as possible in the next few seconds and then cancels any balance right after.

When an asset is pledged as collateral to secure a loan without giving up any of the rights associated with it.

The minimum margin account equity that is required by a brokerage firm.

A house call is the call made when the account balance falls below the maintenance margin required by a brokerage firm.

The acquisition of one company by another without approval from the acquired company’s management.

A company that owns other companies and exists solely to oversee their operations.

A with a lower credit rating that pays a higher yield due to having more risk than other higher-rated bonds.

A 20-year savings bond that was issued by the U.S. government. It was non-marketable and paid semi-annual interest based on coupon rate.