Transaction: Any roster change (waiver-wire add/drops, trades, etc.). Some leagues limit the amount of transactions a team can make, often charging for excessive moves.

 

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Transaction: Any roster change (waiver-wire add/drops, trades, etc.). Some leagues limit the amount of transactions a team can make, often charging for excessive moves.

Transactions Motive: The time, effort, and money necessary, including such things as commission fees and the cost of physically moving the asset from seller to buyer. Related: Round-trip transactions costs, info . . . View Full Definition

Transaction Broker: A transaction broker (also referred to as a nonagent, facilitator, coordinator or contract broker) is not an agent of either party. A transactional brokers job is simply to help both the buy . . . View Full Definition

Transaction Exposure: The money needed to accommodate a firm's expected cash transactions.

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

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.

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.

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

Open Transaction: A transaction that is not completed at the end of the accounting period: a purchase that has not yet been paid for or a sale where payment is yet to be collected when the accounting period ends.