Security Characteristic Line
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Security Characteristic Line: A plot on a graph of the excess return on a security over the risk-free rate as a function of the excess return on the market. The slope of this line is the security's beta.
Online Photo Printer: A company that receives digital photos uploaded to its Web site, prints them, then sends the prints back by mail or courier.
Online Medical Control: When taking care of a patient in the field, paramedics must sometimes communicate with a physician.
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
Online Service: A business that provides its subscribers with a wide variety of data transmitted over telecommunications lines. Online services provide an infrastructure in which subscribers can communicate . . . View Full Definition
Online Trading: If you trade online, you use a computer and an Internet connection to place your buy and sell orders with an online brokerage firm. While the orders you give online are executed immediately . . . View Full Definition
Pass-Through Security: When a corporation or government agency buys loans from lenders to pool and package as securities for resale to investors, the products may be pass-through securities. That means regular pay . . . View Full Definition
Paper Characteristic Curve: Describes a graphical relationship between exposure values and image density of a printing paper. Each brand of paper may have a different initial characteristic curve. The shape of the curv . . . View Full Definition
Out Of Line: A stock price that is too high or too low in comparison with similar-quality stocks in the same industry, according to its price/earnings ratio.
Online Brokerage Firm: To buy and sell securities online, you set up an account with an online brokerage firm. The firm executes your orders and confirms them electronically. When the markets are open, the turnaro . . . View Full Definition
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Pinch Hitter: A hitter who substitutes in the line-up for a starting player. The original batter can’t return to the game, so the pinch hitter or a third person tak . . . Full Definition