Financial Dictionary

This dictionary contains:
24549
financial terms

Drop dead fee



Drop dead fee

A term of British origin referring to fee that must be paid if a deal falls through because of financing issues.

RELATED TERMS
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Term
The period of time during which a contract is in force.



SIMILAR TERMS
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Drop
Refers to over-the-counter trading. Remove from OTC trading list; hence, no longer making a market in a security.

Drop dead day
The date on which a deadline is final, with no exceptions.

Drop lock
The fixing of the interest rate on a floating-rate note or preferred stock if it falls to a specified level.



PREVIOUS AND NEXT TERMS
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Dressing up a portfolio
Money managers' strategy to make transactions for the sole purpose of making a portfolio look good to the investor near the end of a reporting period.

Drip feed
The continual investment of capital in a small and growing company as the company needs it.

Drive by VC
A type of venture capitalist. In the usual model, the venture capitalist (VC) is involved in management and monitoring of the startup.

Drop
Refers to over-the-counter trading. Remove from OTC trading list; hence, no longer making a market in a security.

Drop dead day
The date on which a deadline is final, with no exceptions.

Drop dead fee

Drop lock
The fixing of the interest rate on a floating-rate note or preferred stock if it falls to a specified level.

Dual banking
Describes United States custom in which a bank is chartered by the state or federal government.

Dual currency issues
Eurobonds that pay coupon interest in one currency but pay the principal in a different currency.

Dual listing
Listing of a security on more than one exchange, thus increasing the competition for bid and offer prices, the liquidity of the securities, and the length of time the stock can be traded daily.

Dual purpose fund
A closed-end fund consisting of two classes of shares: preferred shares (shareholders receive all the dividends and interest from the portfolio) and common shares (shareholders receive all the capital gains).

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This dictionary contains 24549 terms.


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