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Adverse selection
Adverse selectionAn independent auditor's opinion expressing that a firm's financial statements do not reflect the company's position accurately. RELATED TERMS-------------------------------------- Independent Independent is a newspaper in Bangladesh. Position A market commitment; the number of contracts bought or sold for which no offsetting transaction has been entered into. SIMILAR TERMS-------------------------------------- ADVENT Limited ADVENT Limited is a large Australian company in the field of commercial services and supplies. Their Australian Stock Exchange (ASX) code is ADT. 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 trustee Refers to a situation in which sellers have relevant information that buyers lack (or vice versa) about some aspect of product quality. PREVIOUS AND NEXT TERMS-------------------------------------- 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 Is 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. 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 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. Affidavit A newsletter offering financial advice to its readers. Affidavit of loss A written statement signed on oath and witnessed by a commissioner for oaths, usually a qualified solicitor. We thank you for using the Financial Dictionary to search for Adverse selection. If you have a better definition for Adverse selection than the one presented here, please let us know by making use of the suggest a term option. This definition of Adverse selection may be disputed by other professionals. Our attempt is to provide easy definitions on Adverse selection and any other medical topic for the public at large.
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