BROUGHT OVER THE WALL
Situation in which an research analyst of an investment bank works for the underwriting department to focus for a corporate client. The transfer seeks to add a knowledgeable opinion to the underwriting process. Originally, these two departments must be separated due to transfer risk of inside information and possible conflicts of interest. Also called brought over the Chinese Wall.
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Act of attempting to exert an influence (i.e. lobbying); a group of like-minded people that attempts to influence an authoritative body in their fa ...
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Generation-Skipping Trust
Legally binding trust agreement passing the contributed assets to the grantor’s grandchildren, not his children, upon the grantor’s dea ...
Net Change
Net change is the difference between the closing price of a security on one trading day and the closing price of the previous day. It may either be ...
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