Make Whole Provision: Related to the lump-sum payments made when a loan or bond is called, equal to the NPV of future loan or coupon payments not paid because of the call. The payment can be significant and negate the attractiveness of a call.

 

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Make Whole Provision: Related to the lump-sum payments made when a loan or bond is called, equal to the NPV of future loan or coupon payments not paid because of the call. The payment can be significant and negat . . . View Full Definition

Termination Provision: A provider contract clause that describes how and under what circumstances the parties may end the contract.

Tour Wholesaler: A company that usually creates and certainly markets inclusive tours and independent tours for sale through travel agents. Often used interchangeably with tour operator, but several distinct . . . View Full Definition

Whole Herd Buyout Program: Another term for the dairy termination program.

Whole House Fan: A fan designed to move air through and out of a home and normally installed in the ceiling.

Shotmakers Course: 1. A golf course that tends to demand a wide variety of full shots in terms of controlling trajectory, shape and distance

Shotmaker: 1. A golfer with a very high skill level and wide variety in terms of controlling trajectory, shape and distance on full shots

Registered Competitive Market Maker: An NASD-registered dealer who acts as a market maker for a designated over-the-counter stock by buying and selling that stock to maintain stability.

Rainmaker: (also 'skying, skyball, pop up') another term for skying the ball or hitting a pop-up

Registered Equity Market Maker: Member firm of the American Stock Exchange registered as a trader to make stabilizing trades for its own account in particular securities.