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| This dictionary contains: 24549 financial terms |
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Account
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Account1) In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented. 2) In the context of investment banking, refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate. 3) In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent.
RELATED TERMS--------------------------------------
Ledger
A book in which the accounts of a business are kept.
Liabilities
Money that a company will have to pay to someone else - bills, taxes, debts, interest and mortgage payments, etc.
Income
Money received by an individual as a salary, or from investments. Cash deposits and bonds will provide income in the form of interest. Shares will, in most but not all cases, provide income in the form of twice-yearly dividends.
Investment
The purchase of materials, machines, property, securities, etc. in order to produce income or profits.
Securities
Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.).
Underwriting
A bank or other financial institution's guarantee to a company that it will buy a certain number of shares in a company's new issue or rights issue, should the issue not be fully subscribed by other investors.
Syndicate
A group of banks that acts jointly, on a temporary basis, to loan money in a bank credit (syndicated credit) or to underwrite a new issue of bonds.
Firm
1) Refers to an order to buy or sell that can be executed without confirmation for some fixed period. 2) A synonym for company.
Agent
The analysis of principal-agent relationships, in which one person, an agent, acts on behalf of another person, a principal.
SIMILAR TERMS--------------------------------------
ACCO PRINCETON
ACCO PRINCETON is a credit union with head office in PRINCETON, NJ
ACCO YORK
ACCO YORK is a credit union with head office in YORK, PA
Accommodative monetary policy
Federal Reserve System policy to increase the amount of money available to banks for lending.
Accor
Accor is a top French corporation in the field of hotels, restaurants and leisure, and its estimated market value is 9,710 million US dollars.
Accord Financial
Accord Financial is one of Canada's largest companies.
Account ad valorem duty
An imported merchandise tax expressed as a percentage.
Account balance
Credits minus debits at the end of a reporting period.
Account executive
Is the party who acts as an agent for his customer. Also known as an Associated Person (AP), Investment Executive (IE), Registered Representative (RR), Registered Customer Support Person or Securities Salesman.
Account party
Party who applies to open a bank for the issuance of a letter of credit.
Account payee
Also 'account payee only'. Words written on the face of a cheque between two parallel diagonal lines to ensure that the cheque may only be paid into an account in the name of the payee, that is the person to whom the cheque is made payable.
Account reconciliation
The reviewing and adjusting of the balance in a personal checkbook to match your bank statement.
Account sale
A statement by a commodity broker to a client when a futures transaction is closed out. Sometimes referred to as a P&S (Purchase and Sale Statement).
Account statement
1) In the context of banking, refers to a summary of all balances. 2) In the context of securities, a summary of all transactions and positions (long and short) between a broker/dealer and a client.
Accountant's opinion
A signed statement from an independent public accountant after examination of a firm's records and accounts. The opinion may be unqualified or qualified.
Accountants (London Stock Exchange)
They are the ?gatekeepers? of the public securities markets. Accountants ensure that the financial statements are correct and complete and give an accurate picture of the company.
Accounting earnings
Earnings of a firm as reported on its income statement.
Accounting exposure
The change in the value of a firm's foreign currency-denominated accounts due to a change in exchange rates.
Accounting insolvency
Total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books.
Accounting liquidity
The ease and quickness with which assets can be converted to cash.
Accounting reference date
The date to which accounts are made up for a company.
Accounting Standards Board
UK body that sets accounting standards. A subsidiary body of the Financial Reporting Council.
Accounts payable
Amounts owed by an organization or individual to another for goods or services it has received.
Accounts receivable
Amounts due to an organization or individual from another for goods or services it has supplied.
Accounts receivable financing
A short-term financing method in which accounts receivable are collateral for cash advances.
Accounts receivable turnover
The ratio of net credit sales to average accounts receivable, which is a measure of how quickly customers pay their bills.
PREVIOUS AND NEXT TERMS--------------------------------------
Accepting house
An organization, usually a merchant bank, which accepts or guarantees bills of exchange.
Access
A former credit card system which was sold to Mastercard and discontinued.
Accident insurance
Insurance which pays benefits in the event of an accident. Items typically covered are medical expenses and loss of earnings.
Accidental death insurance
Insurance which pays a lump sum in the event of death of the insured being caused by an accident.
Accommodative monetary policy
Federal Reserve System policy to increase the amount of money available to banks for lending.
Account
Account ad valorem duty
An imported merchandise tax expressed as a percentage.
Account balance
Credits minus debits at the end of a reporting period.
Account executive
Is the party who acts as an agent for his customer. Also known as an Associated Person (AP), Investment Executive (IE), Registered Representative (RR), Registered Customer Support Person or Securities Salesman.
Account party
Party who applies to open a bank for the issuance of a letter of credit.
Account payee
Also 'account payee only'. Words written on the face of a cheque between two parallel diagonal lines to ensure that the cheque may only be paid into an account in the name of the payee, that is the person to whom the cheque is made payable.
RELATED TERMS--------------------------------------
Ledger
A book in which the accounts of a business are kept.
Liabilities
Money that a company will have to pay to someone else - bills, taxes, debts, interest and mortgage payments, etc.
Income
Money received by an individual as a salary, or from investments. Cash deposits and bonds will provide income in the form of interest. Shares will, in most but not all cases, provide income in the form of twice-yearly dividends.
Investment
The purchase of materials, machines, property, securities, etc. in order to produce income or profits.
Securities
Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.).
Underwriting
A bank or other financial institution's guarantee to a company that it will buy a certain number of shares in a company's new issue or rights issue, should the issue not be fully subscribed by other investors.
Syndicate
A group of banks that acts jointly, on a temporary basis, to loan money in a bank credit (syndicated credit) or to underwrite a new issue of bonds.
Firm
1) Refers to an order to buy or sell that can be executed without confirmation for some fixed period. 2) A synonym for company.
Agent
The analysis of principal-agent relationships, in which one person, an agent, acts on behalf of another person, a principal.
SIMILAR TERMS--------------------------------------
ACCO PRINCETON
ACCO PRINCETON is a credit union with head office in PRINCETON, NJ
ACCO YORK
ACCO YORK is a credit union with head office in YORK, PA
Accommodative monetary policy
Federal Reserve System policy to increase the amount of money available to banks for lending.
Accor
Accor is a top French corporation in the field of hotels, restaurants and leisure, and its estimated market value is 9,710 million US dollars.
Accord Financial
Accord Financial is one of Canada's largest companies.
Account ad valorem duty
An imported merchandise tax expressed as a percentage.
Account balance
Credits minus debits at the end of a reporting period.
Account executive
Is the party who acts as an agent for his customer. Also known as an Associated Person (AP), Investment Executive (IE), Registered Representative (RR), Registered Customer Support Person or Securities Salesman.
Account party
Party who applies to open a bank for the issuance of a letter of credit.
Account payee
Also 'account payee only'. Words written on the face of a cheque between two parallel diagonal lines to ensure that the cheque may only be paid into an account in the name of the payee, that is the person to whom the cheque is made payable.
Account reconciliation
The reviewing and adjusting of the balance in a personal checkbook to match your bank statement.
Account sale
A statement by a commodity broker to a client when a futures transaction is closed out. Sometimes referred to as a P&S (Purchase and Sale Statement).
Account statement
1) In the context of banking, refers to a summary of all balances. 2) In the context of securities, a summary of all transactions and positions (long and short) between a broker/dealer and a client.
Accountant's opinion
A signed statement from an independent public accountant after examination of a firm's records and accounts. The opinion may be unqualified or qualified.
Accountants (London Stock Exchange)
They are the ?gatekeepers? of the public securities markets. Accountants ensure that the financial statements are correct and complete and give an accurate picture of the company.
Accounting earnings
Earnings of a firm as reported on its income statement.
Accounting exposure
The change in the value of a firm's foreign currency-denominated accounts due to a change in exchange rates.
Accounting insolvency
Total liabilities exceed total assets. A firm with a negative net worth is insolvent on the books.
Accounting liquidity
The ease and quickness with which assets can be converted to cash.
Accounting reference date
The date to which accounts are made up for a company.
Accounting Standards Board
UK body that sets accounting standards. A subsidiary body of the Financial Reporting Council.
Accounts payable
Amounts owed by an organization or individual to another for goods or services it has received.
Accounts receivable
Amounts due to an organization or individual from another for goods or services it has supplied.
Accounts receivable financing
A short-term financing method in which accounts receivable are collateral for cash advances.
Accounts receivable turnover
The ratio of net credit sales to average accounts receivable, which is a measure of how quickly customers pay their bills.
PREVIOUS AND NEXT TERMS--------------------------------------
Accepting house
An organization, usually a merchant bank, which accepts or guarantees bills of exchange.
Access
A former credit card system which was sold to Mastercard and discontinued.
Accident insurance
Insurance which pays benefits in the event of an accident. Items typically covered are medical expenses and loss of earnings.
Accidental death insurance
Insurance which pays a lump sum in the event of death of the insured being caused by an accident.
Accommodative monetary policy
Federal Reserve System policy to increase the amount of money available to banks for lending.
Account
Account ad valorem duty
An imported merchandise tax expressed as a percentage.
Account balance
Credits minus debits at the end of a reporting period.
Account executive
Is the party who acts as an agent for his customer. Also known as an Associated Person (AP), Investment Executive (IE), Registered Representative (RR), Registered Customer Support Person or Securities Salesman.
Account party
Party who applies to open a bank for the issuance of a letter of credit.
Account payee
Also 'account payee only'. Words written on the face of a cheque between two parallel diagonal lines to ensure that the cheque may only be paid into an account in the name of the payee, that is the person to whom the cheque is made payable.
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This dictionary contains 24549 terms.
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