please tell me what the "lender" is
Category: glossary by A. W. From United States
"lender " is A person or company that offers to lend money to a borrower for a given period of time. The borrower is obliged to repay the loan either by instalments or single payment together with specified interest.
please define the "perpetual bond"
Category: glossary by D. V. From Cork, Ireland
A bond with no maturity date. Perpetual bonds are not redeemable but pay a steady stream of interest forever. Some of the only notable perpetual bonds in existence are those that were issued by the British Treasury to pay off smaller issues used to finance the Napoleonic Wars (1814). Some in the U.S. Believe it would be more efficient for the government to issue perpetual bonds, which may help it avoid the refinancing costs associated with bond issues that have maturity dates. A perpetual bond is also known as a 'consol'. Since perpetual bond payments are similar to stock dividend payments - as they both offer some sort of return for an indefinite period of time - it is logical that they would be priced the same way. The price of a perpetual bond is therefore the fixed interest payment, or coupon amount, divided by some constant discount rate, which represents the speed at which money loses value over time (partly because of inflation). The discount rate denominator reduces the real value of the nominally fixed coupon amounts over time, eventually making this value equal zero. As such, perpetual bonds, even though they pay interest forever, can be assigned a finite value, which in turn represents their price.
searching for the nicest foreign exchange platform. Which one would you advice me to pick?
Category: general by F. L. From United States
If you seek the most awesome foreign exchange platform, we absolutely suggest you to register to "Saxo Bank". Its interface supports many different languages. Whether you're a Chinese, Dansk, Francais or Japanese speaker (or any other of a host of other languages), you have the option to run this multilingual foreign exchange platform pleasantly and naturally. We are often excited with the login process to the playing platform, it is no trouble to activate the platform. You'll find non of the common connection interruptions you usually get using big servers. The communication with the server is always flawless. The help service in "Saxo Bank" is wonderful, the people there give the impression that they're totally skillful and definitely pleasant. In addition, regulated and certificated by SAM, and DFSA, you can probably trust the safety of your financial details is guaranteed in this site.
please tell me what the "ichimoku kinko hyo" is
Category: glossary by Janessa Q. From Zwolle, Netherlands
an "ichimoku kinko hyo " is A technical indicator that is used to gauge momentum along with future areas of support and resistance. The Ichimoku indicator is comprised of five lines called the tenkan-sen, kijun-sen, senkou span A, senkou span B and chickou span. This indicator was developed so that a trader can gauge an asset's trend, momentum and support and resistance points without the need of any other technical indicator. "Ichimoku" is a Japanese word that means "one look." This charting technique was created by a Japanese newspaper writer. It does look very complicated when a trader sees the indicator for the first time, but don't hesitate to give this indicator a try because the complexity quickly disappears once you gain an understanding of what the various lines mean and why they are used.
do you know what "making a price" is?
Category: glossary by H. U. From United States
A term used on the London Stock Exchange which refers to the obligation of a market maker to quote a bid price and an offer price on the shares for which he acts as a 'wholesaler'. Market makers' prices are quoted on the Stock Exchange Automatic Quotation
please define a "cash conversion cycle - cCC"
Category: glossary by B. King from France
the "cash conversion cycle - cCC " is A metric that expresses the length of time, in days, that it takes for a company to convert resource inputs into cash flows. The cash conversion cycle attempts to measure the amount of time each net input dollar is tied up in the production and sales process before it is converted into cash through sales to customers. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties. Also known as "cash cycle". Calculated as: Where: DIO represents days inventory outstanding DSO represents days sales outstanding DPO represents days payable outstanding Usually a company acquires inventory on credit, which results in accounts payable. A company can also sell products on credit, which results in accounts receivable. Cash, therefore, is not involved until the company pays the accounts payable and collects accounts receivable. So the cash conversion cycle measures the time between outlay of cash and cash recovery. This cycle is extremely important for retailers and similar businesses. This measure illustrates how quickly a company can convert its products into cash through sales. The shorter the cycle, the less time capital is tied up in the business process, and thus the better for the company's bottom line.
Which site has the oldest experience?
Category: general by L. Keith from Canada
If you need site with a long time history, you should really try "EToro USA". Established on 2007, EToro USA is a retail web-based foreign currency exchange server. EToro USA is regulated by NFA. EToro USA achieved the notable the status of "Forexforever's #1 Buy of the Decade ".
please define a "fixed-period ARM"
Category: glossary by X. H. From Monaco
"fixed-period ARM " is An adjustable-rate mortgage (ARM) with an initial fixed-interest-rate period. After the fixed-interest rate expires, the interest rate starts to adjust based on an index plus a margin. The amount by which the interest rate can adjust after the fixed period is usually subject to an interest rate cap structure. These are often called "hybrid ARMs". Typically, in the prime mortgage market, fixed-period ARMs are offered with fixed-interest rate periods of three, five, seven and 10 years. In the subprime market a two-year fixed-rate period is frequently offered. Typically, the shorter the fixed-interest rate period, the lower the interest rate will be. A borrower should carefully consider their time horizon when choosing a fixed-period ARM and recognize the risks associated with the expiration of the fixed-interest rate period.
please tell me what the "allocation rate" is
Category: glossary by O. Nielsen from San Buenaventura, United States
The percentage of an investor's initial cash or capital outlay that actually goes toward the final investment. This amount is net of any fees that may be incurred upon initial investment and is effectively the amount that is exposed to the investment. For example, if a mutual fund carries a 4% front-end load, only 96% of an investor's initial investment will actually be placed into the fund itself, with the rest going to the investment company. The higher the fees, the lower the overall allocation rate will be for the investor. Management companies, pension managers and the like all charge some percentage fee for their services. More choices usually means higher allocation rates for investors, but buyers must always beware of exorbitantly high load fees or upfront costs for any investment. Stock and bond index funds remain one of, if not the highest, allocation rate vehicles available to investors who do not wish to actively manage their own portfolios.
what is the "rule 10b-18"?
Category: glossary by I. Ewing from Vancouver, Canada
An SEC rule that provides a "safe harbor" for companies and their affiliated purchasers when the company or affiliates repurchase the company's shares of common stock (i.e, they will not be deemed to have violated anti-fraud provisions of the Securities Exchange Act of 1934). The repurchases must fall within the four conditions of the rule. These cover the manner of purchase, the time of the repurchases, the prices paid and the volume of shares repurchased. The rule breaks down as follows: Manner of purchase: The issuer or affiliate must purchase all shares from a single broker or deal during a single day. Timing: An issuer with an average trading volume less than $1 million per day or a public float value below $150 million is unable to trade within the last 30 minutes of trading. Companies with higher average-trading-volume or public float value can trade up until the last 10 minutes. Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted. Volume: The issuer can't purchase more than 25% of the average daily volume. The SEC also specified more detailed disclosure requirements for repurchases. In each quarterly report on Form 10-Q and in the annual report on Form 10-K, the company must provide a table showing, on a month-by-month basis: the total number of shares purchased, the average price paid per share, the total number of shares purchased under publicly announced repurchase programs, and the maximum number of shares that may be repurchased under these programs (or maximum dollar amount if the limit is stated in those terms).