Agency Basis: A means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms.

 

Related Words

Agency Basis: A means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms.

Farm Service Agency (FSA): Formerly the Federal Agricultural Mortgage Corporation (FAMC or Farmer MAC), the FSA is a federal agency of the Department of Agriculture. FSA offers programs to help families purchase or op . . . View Full Definition

Fare Basis (Code): The sometimes confusing code or codes on which the price of an airline ticket is based. Some itineraries contain many different codes. Most will indicate whether a fare is refundable or not. . . . View Full Definition

Fare Basis: Conditions, including service class and ticketing provisions, that determine a fare. Fare basis is designated by identifying letters and/or numbers on a ticket.

Federal Agency Securities: A Federal Reserve action adding more reserves to the banking system, increasing the money available for lending, and making credit easier to attain.

Fiscal Agency Agreement: A time series regression to estimate the betas of securities portfolios.

Formula Basis: The form required by the NASD to report equity transactions after the market's regular hours.

Flow-Through Basis: Government bonds that when owned at the time of death are acceptable at par in payment of federal estate taxes.

Fixed Price Basis: Payments of a fixed, equal amounts paid to an insurance company for insurance or an annuity.

Field Service Agency: Generally refers to any one of the following USDA agencies that administer programs and provide services to farmers and other rural residents through an extensive network of state and local . . . View Full Definition