Class Action: In the case of derivative products, options of the same type-put or call-with the same underlying security. See: Series. In general, refers to a category of assets such as: domestic equity, fixed income, etc.

 

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Class Action: In the case of derivative products, options of the same type-put or call-with the same underlying security. See: Series. In general, refers to a category of assets such as: domestic equity, . . . View Full Definition

Online Classes: Online classes meet via computer, through an online learning management system, like WebCT. Online students log in to attend class. There they access course lectures, receive assignments, an . . . 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.

Options Class: An options class includes all the calls or all the puts on a single underlying instrument that share some of the same terms, such as contract size and exercise style. For example, in the cas . . . View Full Definition

Overreaction Hypothesis: The supposition that investors overreact to unanticipated news, resulting in exaggerated movements in stock prices followed by corrections.

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

North American Industry Classification System (NAICS): Standard industrial classification codes have been replaced in the 1997 Census of Agriculture by the new North American Industry Classification System (NAICS). NAICS is a unique, all-new sys . . . View Full Definition

Neuromuscular Integrative Action: Neuromuscular integrative action (NIA) is an expressive fitness and awareness movement program and a holistic approach to health. It combines movements from t’ai chi, yoga, martial arts, and . . . View Full Definition

Net Transaction: A securities transaction in which no commissions or extra fees are paid, such as in an initial public offering.

Neutralization Reaction: A chemical change in which one compound aquires H+ from another. The compound that receives the hydrogen ion is the base; the compound that surrenders it is an acid.