GIVE UP
Procedure in securities or commodities trading where a broker asks another broker (executing broker) to place a trade for him. Normally, this is executed because a broker is too busy to enter the trade for a client and requests another broker to do it on his behalf. The record books won’t show the executing broker’s details, but the client broker where the client belongs. Hence, the client’s broker and the other broker will receive the commission. However, the executing broker received nothing.
POPULAR TERMS
Yankee Market
Yankee Market is a slang term referring to a US stock market.
Bill Of Lading
A document between the shipper and the carrier telling the type, quantity and destination of the good being carried. It also serves as a receipt of ...
Empirical Probability
Probability anchored on certain events happening, computed using collected empirical evidence. It is closely connected to the relative frequency in ...
Freeganism
Freeganism is a lifestyle philosophy focused on adopting alternative means to satisfy needs in order to minimize dependence on what is termed the & ...
Controlling Interest
High enough ownership percentage to impose changes or have legal control in a company. A single shareholder or a group of shareholder owns more tha ...
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We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
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