Financial Dictionary

This dictionary contains:
24549
financial terms

Baltic exchange




Baltic exchange

A self regulated London exchange serving world wide interests. It is the world's premier maritime market for ship chartering and sale and purchase.

RELATED TERMS
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Exchange
A marketplace in which shares, options and futures on stocks, bonds, commodities, and indexes are traded.

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.

Sale
An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery.

Purchase
Buy; be long; have an ownership position.



SIMILAR TERMS
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BALTIMORE COUNTY EMPLOYEES
BALTIMORE COUNTY EMPLOYEES is a credit union with head office in TOWSON, MD

BALTIMORE PIPE TRADES
BALTIMORE PIPE TRADES is a credit union with head office in BALTIMORE, MD

BALTRANS HOLD
BALTRANS HOLD is a securities company with code 00562 at Hong Kong stock. Board lot: 2,000.



PREVIOUS AND NEXT TERMS
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Balloon interest
In the context of serial bond issues, the elevated coupon rate on bonds with late maturities.

Balloon maturity
1) A repayment schedule for a bond issue where a large number of the bonds come due at a one time (normally at the final maturity date). 2) A final loan payment that is considerably higher than prior payments. This is also known as a "balloon payment."

Balloon option
An option whose notional payments increase significantly after a set threshold is broken.

Balloon payment
The final (large) payment that repays all the remaining principal and interest of a partially amortized or unamortized loan.

Ballot
The document distributed at the annual meeting to shareholders of record who wish to vote their shares in person.

Baltic exchange

Bancassurance
A combination of banking and insurance business.

Band earnings
Pay between the lower earnings limit and upper earnings limit which is used to determine National Insurance Contributions.

Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.

Bank anticipation notes (BAN)
Notes issued by states and municipalities to obtain interim financing for projects that will eventually be funded long term through the sale of a bond issue.

Bank collection float
The time that elapses between when a check is deposited into a bank account and when the funds are available to the depositor, during which period the bank is collecting payment from the payer's bank.

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This dictionary contains 24549 terms.







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