- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
A trust to provide a collective investment vehicle. Investment in a collective trust may, by its terms, be available only to tax-qualified employee benefit plans.
Industry:Financial services
An unsecured obligation issued by a corporation to finance its short-term credit needs, such as accounts receivable and inventory. Maturities typically range from 2 to 270 days.
Industry:Financial services
The hard dollars that MLLA receives from the insurance carriers.
Industry:Financial services
Shares of ownership in a corporation; normally referred to simply as stock.
Industry:Financial services
Certain states recognize assets as 'community property' between married persons. In general, these laws dictate that any property acquired after marriage is the common property of both husband and wife. The distribution of the assets upon the death of one spouse varies according to each state's laws.
Industry:Financial services
When interest is paid on the amount of interest already earned, as well as on principal.
Industry:Financial services
Codes used by traders to indicate the condition that existed when a particular trade was executed.
:L-Spread
:M-Straddle
:F-Fast Market
:R-Rotation
:T-Trading halted
:A-Eligible
:I-Inactive
:B-Bid from special book
:O-Ask from specialist book
:C-Both bid and ask from specialist book
Industry:Financial services
A document provided by Merrill Lynch informing you of the status of the stock option exercises or other events in your recordkeeping account.
Industry:Financial services
Fund that limits assets to those securities that are exempt from taxation in Connecticut, (double tax-exempt) or city, (triple tax-exempt).
Industry:Financial services
