Related Words

B: Fifth letter of a Nasdaq stock descriptor specifying that issue is the Class B shares of the company.

Quasi-Public Corporation: In the United States, quasi-public corporations have links to the federal government although they are technically in the private sector. This means that their managers and executives work f . . . View Full Definition

Qubes: The NASDAQ Stock Market sells shares in a unit investment trust (UIT) that tracks the NASDAQ 100 Stock Index. This market capitalization weighted index includes the largest 100 companies tra . . . View Full Definition

Registered Bond: When a bond is registered, the name of the owner and the particulars of the bond are recorded by the issuer or the issuer's agent. When registered bonds are issued in certificate form, a bon . . . View Full Definition

Public Company: The stock of a public company is owned and traded by individual and institutional investors. In contrast, in a privately held company, the stock is held by company founders, management, empl . . . View Full Definition

Probate Estate: Your probate estate includes all of the assets that will pass to your heirs through your will. It doesn’t include anything that you have sold, given away, put into trusts, or passed directly . . . View Full Definition

Participating Buyer-Seller: Used for listed equity securities. (1) Customer willing to buy-sell in line with market. (2) Buyer-seller who goes along with another buyer-seller in a percentage order.

Probate: Probate is the process of authenticating, or verifying, your will so that your executor can carry out the wishes you expressed in the document for settling your estate and appointing a guard . . . View Full Definition

Renewable Term: A renewable term life insurance policy allows you to extend your coverage for an additional period without having to requalify for coverage, provided that you have paid your premiums in full . . . View Full Definition

Revenue Bond: Revenue bonds are municipal bonds issued to finance public projects, such as airports and roadways. The bonds are backed by revenue to be generated by the project. For example, if the constr . . . View Full Definition