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Age admitted
Age admittedIs a commodity market transaction whereby futures are exchanged or transferred against a cash position. RELATED TERMS-------------------------------------- Commodity A commodity is food, metal, or another fixed physical substance that investors buy or sell, usually via futures contracts. Market 1) The total demand for a good. 2) The set of all actual and potential buyers of a good or service. 3) The place where people buy and sell. 4) The process by which buyers and sellers of goods, services and factors of production interact to determine prices and quantifies. Transaction A single business deal; a sale or purchase; or the crediting or debiting of an account. Futures Contracts covering the sale of financial instruments or physical commodities for future delivery on a commodity exchange. Cash The value of assets that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and banker's acceptances. Position A market commitment; the number of contracts bought or sold for which no offsetting transaction has been entered into. SIMILAR TERMS-------------------------------------- Age allowance A term used in life assurance policy documents, indicating that the assured has proven his/her age by showing a birth certificate to the insurance company. PREVIOUS AND NEXT TERMS-------------------------------------- Aftermarket Securities trading after regular trading hours on organized exchanges. After-tax basis Refers to trading in the secondary market following a new securities issuance. After-tax profit margin The comparison basis used to analyze the net after-tax returns on a corporate taxable bond and a municipal tax-free bond. After-tax real rate of return The ratio of net income to net sales. Against actuals The after-tax rate of return minus the inflation rate. Age admitted Age allowance A term used in life assurance policy documents, indicating that the assured has proven his/her age by showing a birth certificate to the insurance company. Aged fail An additional personal allowance and additional married couple's allowance for people aged 65 to 74 which reduces their income tax. Agency An account between two broker/dealers that remains intact 30 days after the settlement date. Agency bank In context of general equities, buying or selling for the account and risk of a customer. Agency basis A form of organization commonly used by foreign banks to enter the US market. An agency bank cannot accept deposits or extend loans in its own name; it acts as agent for the parent bank. We thank you for using the Financial Dictionary to search for Age admitted. If you have a better definition for Age admitted than the one presented here, please let us know by making use of the suggest a term option. This definition of Age admitted may be disputed by other professionals. Our attempt is to provide easy definitions on Age admitted and any other medical topic for the public at large.
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