Related Words

Impaired Credit: When a company's total capital is less than the par value of all its capital stock.

Full Faith And Credit: Federal and municipal governments can promise repayment of debt securities they issue because they can raise money through taxes, borrowing, and other sources of revenue. That power is descr . . . View Full Definition

Full Faith-And-Credit Obligations: Describes exchange and government regulations providing for the release and free exchange of all information pertinent to a given security.

Foreign Tax Credit: A special type of corporation created by the Tax Reform Act of 1984 that is designed to provide a tax incentive for exporting U.S.-produced goods.

Foreign Credit Insurance Association (FCIA): An amendment to the Securities Exchange Act created to sanction bribery of foreign officials by publicly held U.S. companies.

Fictitious Credit: Nonconvertible paper money.

Five Cs Of Credit: Used in the context of general equities. Chronological listing of trades in a security showing the price, size, exchange, and time (to the second) of the trades; obtained by hitting '#M' on Quotron.

GSM-102 Intermediate-Term Export Credit Guarantee Program.: An Export Credit Guarantee Program that covers credit terms up to 3 years. The program underwrites credit extended by the private banking sector to approved foreign banks using dollar-denomi . . . View Full Definition

GSM-103 Short-Term Export Credit Guarantee Program: An Export Credit Guarantee Program that covers credit terms up to 10 years. The program underwrites credit extended by the private banking sector to approved foreign banks using dollar-denom . . . View Full Definition

Home Equity Line Of Credit (HELOC): Sometimes referred to as a HELOC, a home equity line of credit lets you borrow against the equity you’ve built in your home, usually by using a debit card or writing checks against your avai . . . View Full Definition