Closed Transaction: A transaction that is completed within the accounting period: both the purchase and payment or sale and receipt of payment occur within the same accounting period.

 

Related Words

Closed Transaction: A transaction that is completed within the accounting period: both the purchase and payment or sale and receipt of payment occur within the same accounting period.

Round-Trip Transactions Costs: Costs of completing a transaction, including commissions, market impact costs, and taxes.

Semi-Open (Closed) Adoption: Adoption where adoptive family and birth parents may talk, meet and have correspondence after the adoption, but no identifying information is exchanged.

Structured Arbitrage Transaction: A form of pricing efficiency, that posits that the price of a security reflects all information, whether or not it is publicly available. Related: Weak-form efficiency, semi-strong form efficiency.

Totally -Enclosed Air-To-Air-Cooled Machine: A totally enclosed machine cooled by circulating internal air through a heat exchanger which, in turn, is cooled by circulating external air. Provided with an air-to-air heat exchanger for c . . . View Full Definition

Taxable Transaction: Taxed private-purpose bonds issued by the state or local government to finance prohibited projects such as sports stadiums.

Riskless Transaction: A transaction that is guaranteed a profit, such as the arbitrage of a temporary differential between commodity prices in two different markets. The evaluation of whether dealer markups and m . . . View Full Definition

Opening Transaction: Applies to derivative products. (1)Buy or sell transaction that creates a position out of a flat one (writing an option short or buying an option long). Antithesis of closing transaction. (2 . . . View Full Definition

Matched Sale Transaction: Applies mainly to convertible securities. Procedure whereby the Federal Reserve Bank of New York sells government securities to a nonbank dealer against payment in federal funds. The agreeme . . . View Full Definition

Intercompany Transaction: Loan made by one unit of a corporation to another unit of the same corporation.