By Stuart P. Valentine
A consultant to the recent language of economic prone, with over 2000 definitions of phrases, together with the up-to-date laws of the Securities funding Board. assurance of phrases utilized in the USA, eastern and Continental inventory exchanges has been revised and accelerated.
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I loved the booklet - it's situated as a Math path, yet i would say it's a bit too excessive. It jumps instantaneously into lovely excessive point and dense fabric, so the easiest use for this publication while you are aiming for a excessive quant rating and prepared to sweat for it. while you're simply beginning out, i might most likely recommend firstly Kaplan Math workbook after which seize this ebook (Kaplan appeared to were laid out a section larger, yet certainly now not as particular and didn't contain a lot of likelihood, mixtures, records questions).
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Additional info for International Dictionary of the Securities Industry
Caveat emptor. A Latin phrase meaning 'let the buyer beware' and indicating the responsibility on the part of the buyer to make sure that the property or shares he is buying are free from defect. The seller is not obliged to volunteer information concerning them, and although he must answer the buyer's questions truthfully the onus is on the buyer to ask the questions. A. A. is based in Luxembourg and was established in 1970. It provides an accounting service for the transfer of eurobonds held in depositary accounts worldwide and arranges for the collection of dividends.
See also EVENING UP; LIQUIDATION; OFFSET; SELL OUT. buying climax. A sharp rise in price following a steady earlier increase. Often interpreted in technical analysis as the final fling of a rising share price and heralding a downward reaction. buying-in (UK). The method of ensuring (in abnormal cases of difficulty) that a buyer of shares through a broker gets the shares he has bought. Normally there is no problem and the buyer will get his stock on SETTLEMENT DAY but in abnormal cases, he may not have been able to obtain delivery and a Stock Exchange official (called the buying-in official) can go into the market to buy in the particular security; any charges having to be met by the seller who has failed to make timely delivery.
Bought stock account (UK). An account operated by the Stock Exchange settlement system. All bought bargains are posted to the bought stock account and remain in it until settlement is completed. 25 located in Bordeaux, Lille, Lyons, Marseilles, Nancy and Nantes. They are officially created by a decree (arrete) of the French Ministry of Economics. Creation of a bourse must be approved by the CHAMBRE SYNDICALE DES AGENTS DE CHANGE. In Belgium there are four bourses dominated by Brussels with smaller exchanges at Antwerp, Ghent and Liege.
International Dictionary of the Securities Industry by Stuart P. Valentine