Business / Finance Glossary

Arbitrage Bonds: Municipality issued bonds issued intended to gain an interest rate advantage by refunding a higher-rate bond in ahead of their call date. Lower-rate refunding issue proceeds are invested in . . . View Full Definition

Arbitrage Pricing Theory (APT): An alternative model to the capital asset pricing model developed by Stephen Ross and based purely on arbitrage arguments. The APT implies that there are multiple risk factors that need to b . . . View Full Definition

Arbitrage-Free Option-Pricing Models: Yield curve option-pricing models.

Arbitrageur: One who profits from the differences in price when the same, or extremely similar, security, currency, or commodity is traded on two or more markets. The Arbitrageur profits by simultaneousl . . . View Full Definition

Are You Open: Used in context of general equities. 'Can a new customer still participate on opposing side of the trade from that which the first customer initiated?', Inquiring as to whether any portion o . . . View Full Definition

Arithmetic Average (Mean) Rate Of Return: Arithmetic mean return.

Arithmetic Mean Return: An average of the subperiod returns, calculated by summing the subperiod returns and dividing by the number of subperiods.

Arms Index: Also known as a trading index (TRIN) (total up volume)/(total down volume). An advance/decline market indicator. Less than 1.0 indicates bearish demand, while above 1.0 is bullish. The index . . . View Full Definition

Arms Length Price: The price at which a willing buyer and a willing unrelated seller would freely agree to transact.

Around Us: Used in context of general equities. See: Away from you.

Arrearage: In the context of investments, refers to the amount by which interest on bonds or dividends on cumulative preferred stock is due and unpaid.

Articles Of Incorporation: Legal document establishing a corporation and its structure and purpose.

Artificial Currency: A currency substitute, e.g., special drawing rights (SDRs).

Ascending Tops: A chart pattern that depicts that each peak in a security's price over a period of time is higher than the preceding peak. Antithesis of descending tops.

Asian Currency Units (ACU): Dollar deposits held in Singapore or other Asian centers.

Asian Option: Option based on the average price of the underlying assets during the life of the option.

Ask: This is the quoted ask, or the lowest price an investor will accept to sell a stock. Practically speaking, this is the quoted offer at which an investor can buy shares of stock; also called . . . View Full Definition

Asked Price: In context of general equities, price at which a security or commodity is offered for sale on an exchange or in the OTC Market.

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314