Zero Coupon Bond A bond that pays no interest while the investor holds it. It is sold originally at a substantial discount from its eventual matu…
Yankee Bond (U.S.) A bond offering in the U.S. domestic market by a non-U.S. entity registered with the SEC. Yield to maturity (YTM) The rate…
X Dividend A term meaning ‘without dividend’. A stock bought on or after the X- dividend day will not pay the purchaser the dividend already declar…
Warrant An options contract often sold with another security. For instance, corporate bonds may be sold with warrants to buy common stock of that…
Value investing The investment style of attempting to buy underpriced stocks that have the potential to perform well and appreciate in terms of p…
Underlying The designated financial instrument which must be delivered in completion of an option or futures contract. Underwriter One who …
Takeover panel An acquirer who proposes to acquire shares through a mode which is not specifically covered under takeover regulations may seek exempt…
SEC (U.S.) Securities and Exchange Commission (SEC) The US Government agency that regulates securities trading. It has civil enforcement powers o…
Radar Alter (U.S) Close watch by a company’s top executive on trading their company’s stock. The objective is to detect any unusual amount of buyin…
Quotation (U.S) The NASD requirement that a market maker who receives order from another broker dealer executes the order at its displayed price on…
Paid in Capital The difference between par or book-keeping, value of a security and the amount realized from the sale or distribution of those sh…
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