SETTLEMENT DATE
Settlement Date can mean one of two things. First, it is the date of settlement of an executed security which means that by this time, the buyer must have already paid the seller that delivered the securities. Second, the settlement date may be the the date of payment from a life insurance policy.
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Quote Driven Market
An electronic stock exchange system in which prices are determined from bid and ask quotations made by market makers, dealers or specialists. In a ...
Confidential Treatment Order - CTO
Order giving confidential treatment for specific documents and information a firm will file. The Securities and Exchange Commission (SEC) issues th ...
Kickback
A bribe or a payment from an individual in business or private sector for a person in the government or politics. It aims to persuade or influence ...
Austrian School
School that was formed in Vienna in 19th century by Carl Menger. It believes that the workings of broad economy is the sum of small actions of some ...
Mumbai Interbank Forward Offer Rate - MIFOR
A rate the Indian banks and other derivative market partaker utilized as a benchmark for fixing prices on the forward rate arrangements and interes ...
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Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Income Sources for Creating Retirement Fund
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