Financial Dictionary

This dictionary contains:
24549
financial terms

Custodian




Custodian

1) A bank, agent, trust company, or other organization responsible for safeguarding financial assets. 2) The individual who oversees the mutual fund assets of a minor's custodial account.

RELATED TERMS
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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.

Agent
The analysis of principal-agent relationships, in which one person, an agent, acts on behalf of another person, a principal.

Trust
A large combination of business organizations, possibly tending towards a monopoly.

Company
A proprietorship, partnership, corporation, or other form of enterprise that engages in business.

Fund
To provide money for a specific purpose; an amount of money saved for a specific purpose.

Account
1) 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.



SIMILAR TERMS
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Custodial fees
Fees charged by an institution that holds securities in safekeeping for an investor.

Custodian bank
Applies mainly to international equities. Bank or other financial institution that keeps custody of stock certificates and other assets of a mutual fund, individual, or corporate client.

Custodian trustee
A bank, financial institution or other entity that has the responsibility to manage or administer the custody or other safekeeping of assets for other persons or institutions.

Custom Direct Income Fund
Custom Direct Income Fund is one of Canada's largest companies.

Customary payout ratios
A range of payout ratios that is typical according to an analysis of comparable firms.

CUSTOMERS Limited
CUSTOMERS Limited is a large Australian company in the field of software and services. Their Australian Stock Exchange (ASX) code is CUS.

Customers' net debit balance
The total amount of credit given by NYSE member firms to finance customers purchasing securities.

Customized benchmarks
A benchmark that is designed to meet a client's requirements and long-term objectives.

Customs broker
An individual or firm licensed by customs authorities to enter and clear imported goods through customs.

Customs union
An agreement by two or more countries to erect a common external tariff and to abolish restrictions on trade among members.

Custrel, SICAV, S.A.
Custrel, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.



PREVIOUS AND NEXT TERMS
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Current yield
For bonds or notes, the coupon rate divided by the market price of the bond.

Current/noncurrent method
The translation of all of a foreign subsidiary's current assets and liabilities into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the historical exchange rate.

Cushion
In the context of project financing, the extra amount of net cash flow remaining after expected debt service.

Cushion theory
The theory that a stock with many short positions taken in it will rise, because these positions must be covered by the stock.

Custodial fees
Fees charged by an institution that holds securities in safekeeping for an investor.

Custodian

Custodian bank
Applies mainly to international equities. Bank or other financial institution that keeps custody of stock certificates and other assets of a mutual fund, individual, or corporate client.

Custodian trustee
A bank, financial institution or other entity that has the responsibility to manage or administer the custody or other safekeeping of assets for other persons or institutions.

Customary payout ratios
A range of payout ratios that is typical according to an analysis of comparable firms.

Customers' net debit balance
The total amount of credit given by NYSE member firms to finance customers purchasing securities.

Customized benchmarks
A benchmark that is designed to meet a client's requirements and long-term objectives.

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This dictionary contains 24549 terms.







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