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Desk
DeskThe New York Federal Reserve Bank's trading desk (or securities department) where all transactions of the Federal Reserve System are executed in the money market or the government securities market. RELATED TERMS-------------------------------------- Reserve An accounting entry that properly reflects contingent liabilities. Trading Buying and selling securities. Desk The New York Federal Reserve Bank's trading desk (or securities department) where all transactions of the Federal Reserve System are executed in the money market or the government securities market. Securities Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.). Money A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc. 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. SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT TERMS-------------------------------------- Derivative security A financial security such as an option or future whose value is derived in part from the value and characteristics of another security, the underlying asset. Descending tops A chart pattern which in which each successive peak in a security's price is lower than the preceding peak over a period of time. Descriptor A variable describing assets, used as an element of a risk index. Design risk The risk associated with the impact on project cash flow from deficiencies in design or engineering. Also known as engineering risk. Designated Order Turnaround (DOT) system Computerized order entry system that allows orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the exchange, where execution will occur quickly, depending on the basket size. Desk Detachable warrant A warrant entitles the holder to buy a given number of shares of stock at a stipulated price. Determinism Fully ordained in advance. A deterministic chaos system is one that gives random looking results, even though the results are generated from a system of equations. Deterministic models Liability-matching models that assume that the liability payments and the asset cash flows are known with certainty. Detrend To remove the general drift, tendency, or bent of a set of statistical data as related to time. Deutsche Terminbörse (DTB) Formerly the German financial futures and options market. Merged with the Swiss Options and Financial Futures Exchange (SOFFEX) in 1998 to form EUREX, the European derivatives exchange. We thank you for using the Financial Dictionary to search for Desk. If you have a better definition for Desk than the one presented here, please let us know by making use of the suggest a term option. This definition of Desk may be disputed by other professionals. Our attempt is to provide easy definitions on Desk and any other medical topic for the public at large.
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