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Q: what is a "bridge financing"?

Category: glossary , Asked by: H. Kline from Antwerpen, Netherlands

A: A method of financing, used by companies before their IPO, to obtain necessary cash for the maintenance of operations. These funds are usually supplied by the investment bank underwriting the new issue. As payment, the company acquiring the bridge financing will give a number of shares at a discount of the issue price to the underwriters that equally offsets the loan. This financing is, in essence, a forwarded payment for the future sales of the new issue. Visit CMC Markets

    what is a "rubber check"?

    Category: glossary by Romeo D. From Ireland

    Another name for a "bounced check." The check cannot be processed because the writer has insufficient funds. Most rubber (or bounced) checks are subject to high bank penalty fees ($20-$40 per bounced check).

    Would you advice me of an online forex platform that's known for its trusted supervising certificates?

    Category: technical by Efrain E. From Perpignan, France

    Definitely "Global Forex Trading (GFT)". Certificated by FSA (U.K.), ASIC (Australia), as well as FSA (Japan), you can certainly rest assure your money is in good hands in "Global Forex Trading (GFT)".

    Do you know of a foreign exchange web trading platform that has modern software you can recommend for me?

    Category: platform by Ace W. From Austria

    If you need the best forex site that's got the most perfected fx environment, you should definitely register to "GCI" - with brilliant graphics and a sophisticated platform, this forex site is one of the most loved forex sites available. In addition, the download of the system's installation package is completely easy - the connection is smooth, and it is no trouble to get into and get started.

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    please tell me what the "dirty stock" is
    "dirty stock " is Stock that is not granted a good delivery status due to missing or incorrect transfer documentation or endorsements. Dirty stock will usually disrupt the transaction process. When stock is exchanged, various legal forms and endorsements are required to transfer the ownership title from the seller to the buyer. When the documentation is not properly handled, the stock will be labeled as dirty. A stock must attain good delivery status before the transfer is complete. Visit Easy Forex

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