SELLER
In the financial industry, a seller may be one of two things. First, it is an entity that may be an individual or a group that exchanges a product or service in return for some kind of payment. Second, it is an investor in the option market also referred to as a ‘writer’ who gets a premium in exchange for taking the risk of holding a short position in an option. His or her counterpart is the buyer where the seller’s premium is collected from.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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