- Industry: News service
- Number of terms: 2877
- Number of blossaries: 0
- Company Profile:
United Kingdom-based news service and former financial market data provider that provides news reports from around the world to news media
Also known as the quick ratio. Indicator of a company’s ability to meet its short-term liabilities, calculated like a current ratio by measuring a company’s current assets relative to its liabilities. See Quick Ratio.
Industry:Financial services
The purchase by one company of another, for cash, an exchange of shares, or a combination of both. The process, also known as a takeover, can be friendly and have the agreement of the acquired company. Or it can be hostile, when the target rejects the approach and tries to resist being acquired. A takeover or acquisition is usually done with the help of an investment bank and its M&A, or mergers and acquisition, division.
Industry:Financial services
Investors working together to achieve the same goal, e.g. to buy all the stock they need to take over a company or purchase the minimum needed so that they can legitimately make an open bid to buy outstanding shares. Sometimes acting in concert is considered illegal. Also known colloquially as a concert party. See also Warehousing.
Industry:Financial services
A fund is actively managed when securities selection is based on specific ideas and research about individual companies or financial instruments. The overall composition of the fund mirrors decisions made at the micro level. It is the opposite of passive management in which a fund aims to match the performance of a market or index, and its constituents mirror the composition of that market or index.
Industry:Financial services
Indicators that show where an economy is in the business cycle. Activity indicators include industrial production, capacity utilisation and volume of retail sales. See also Business Cycle and Economic Indicators.
Industry:Financial services
Also called physicals. Refers to the physical commodities available for shipment, storage and manufacture. Actuals available for delivery are traded for cash on a spot or forward basis.
Industry:Financial services
A specialist in statistics and the mathematics of risk, often focused on insurance risks and premiums.
Industry:Financial services
Two companies are affiliated when one owns less than a majority of the voting stock of the other or if both are subsidiaries of a third company. See also Associate, Subsidiary.
Industry:Financial services
Dealing taking place after the official close of business on the trading floor of an investment exchange.
Industry:Financial services
Bank appointed by members of an international lending syndicate to protect lenders’ interests during the life of a loan. See also Syndicate.
Industry:Financial services
