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Advancement
AdvancementIs the technique of replacing one bond issue by another that typically occurs when a municipality can borrow at more favorable terms than the outstanding issue. RELATED TERMS-------------------------------------- Bond Certificate, stating that the issuer is committing himself to repay the loan, including interest and other payments, to the holder. Issue To offer securities for sale to the general public; a quantity of securities offered to the public. Borrow Is the term which indicates a credit relationship. In securities it can refer to borrowing funds or borrowing securities. Outstanding 1) Of a debt: unpaid, remaining to be paid. 2) Of a person or other entity: remarkable, excellent, superior, etc. SIMILAR TERMS-------------------------------------- Advance American depositary receipts (ADRs) are receipts for the shares of a foreign company. Advance Auto Parts Advance Auto Parts is a top United States corporation in the field of retailing, and its estimated market value is 3,640 million US dollars. Advance commitment Increase in the market price of stocks, bonds, commodities, or other assets. Advance Computerized Execution System (ACES) A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately. ADVANCE FINANCIAL ADVANCE FINANCIAL is a credit union with head office in SCHERERVILLE, IN Advance funded pension plan Refers to the Advance Computerized Execution System, run by Nasdaq. ACES automates trades between order entry and market maker firms that have established trading relationships with each other. ADVANCE Healthcare Group Ltd ADVANCE Healthcare Group Ltd is a large Australian company in the field of health care equipment and services. Their Australian Stock Exchange (ASX) code is AHG. Advance refunding A pension plan in which funds are set aside in advance of the date of retirement. ADVANCED Energy Systems Limited ADVANCED Energy Systems Limited is a large Australian company in the field of utilities. Their Australian Stock Exchange (ASX) code is AES. Advanced Engine Components Limited Advanced Engine Components Limited is a large Australian company in the field of automobile and components. Their Australian Stock Exchange (ASX) code is ACE. ADVANCED FINANCIAL ADVANCED FINANCIAL is a credit union with head office in NEW PROVIDENCE, NJ Advanced Info Service Advanced Info Service is a top Thai corporation in the field of telecommunications services, and its estimated market value is 8,470 million US dollars. Advanced Micro Advanced Micro is a top United States corporation in the field of semiconductors, and its estimated market value is 6,410 million US dollars. ADVANCED Nanotechnology Limited ADVANCED Nanotechnology Limited is a large Australian company in the field of materials. Their Australian Stock Exchange (ASX) code is ANO. ADVANCIAL ADVANCIAL is a credit union with head office in DALLAS, TX ADVANTAGE ADVANTAGE is a credit union with head office in ROCHESTER, NY Advantage Energy Income Fund Advantage Energy Income Fund is one of Canada's largest companies. ADVANTAGE ONE ADVANTAGE ONE is a credit union with head office in BROWNSTOWN TWP, MI ADVANTAGE PLUS ADVANTAGE PLUS is a credit union with head office in POCATELLO, ID ADVANTAGEPLUS OF INDIANA ADVANTAGEPLUS OF INDIANA is a credit union with head office in TERRE HAUTE, IN Advantest Advantest is a top Japanese corporation in the field of software and services, and its estimated market value is 8,55 0 million US dollars. PREVIOUS AND NEXT TERMS-------------------------------------- Advance American depositary receipts (ADRs) are receipts for the shares of a foreign company. Advance commitment Increase in the market price of stocks, bonds, commodities, or other assets. Advance Computerized Execution System (ACES) A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately. Advance funded pension plan Refers to the Advance Computerized Execution System, run by Nasdaq. ACES automates trades between order entry and market maker firms that have established trading relationships with each other. Advance refunding A pension plan in which funds are set aside in advance of the date of retirement. Advancement Adverse opinion Money or property given to a person by the deceased before death and intended as an advance against the beneficiary's share in the will. Adverse selection An independent auditor's opinion expressing that a firm's financial statements do not reflect the company's position accurately. Adverse trustee Refers to a situation in which sellers have relevant information that buyers lack (or vice versa) about some aspect of product quality. Advising bank One who has a substantial, beneficial interest in the trust assets as well as the income or benefits derived from the trust. Advisory letter A broker who not only deals in stocks and shares on behalf of his client, but also advises on what shares should be bought and sold for the portfolio. We thank you for using the Financial Dictionary to search for Advancement. If you have a better definition for Advancement than the one presented here, please let us know by making use of the suggest a term option. This definition of Advancement may be disputed by other professionals. Our attempt is to provide easy definitions on Advancement and any other medical topic for the public at large.
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