Business / Real Estate / Customer
Customer: A prospective buyer of real estate. Not to be confused with a property seller, who is the listing brokers client.
Customers Loan Consent: Customer is firm on price and has set the price at which to transact.
Know Your Customer: An ethical foundation of securities brokers that an adviser who recommends the purchase or sale of any security to a customer, must believe that the recommendation is suitable for the custom . . . View Full Definition
Customers Net Debit Balance: Agreement signed by a margin customer that allows a broker to borrow margined securities up to the level of the customer's debit balance to help cover other customers' short positions.
Customer Acquisition Cost: The average cost to a carrier of signing up an individual subscriber. Some of the factors included in the cost are handset subsidies, marketing, advertising and promotions.
Customer Information Control System (CICS): Customer Information Control System. A general purpose IBM mainframe-based transaction management system. CICS is one of IBM's most widely used database - data communications subsystems.
Automated Customer Account Transfer (ACAT): For transfers of securities from a non-equity trading account to your equity trading account with your broker.
Separate Customer: Method of allocating insurance by the Securities Investor Protection Corporation. Each account that is under the name of a different person or group of people is entitled to maximum protection.
Customer Picking Prices: A range of payout ratios that is typical according to an analysis of comparable firms.
Player: Used in the context of general equities. Customer or trader who is actively involved in a particular stock or the market in general.
Word of the Day:
Fragrance: The sensation of the gases released from ground coffee as they are inhaled through the nose. Ranges from sweetly floral to sweetly spicy.