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Drop lock
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Drop lockThe fixing of the interest rate on a floating-rate note or preferred stock if it falls to a specified level.
RELATED TERMS--------------------------------------
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
Note
Debt instruments with initial maturities longer than one year and shorter than 10 years.
Stock
US equivalent of the British word "share", a block of shares with a nominal value of 100, or various kinds of fixed-interest securities; in Britain, goods stored ready for sale, raw materials, work in progress and finished but unsold products.
Level
Used in the context of general equities. Price measure of an indication.
SIMILAR TERMS--------------------------------------
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
A term of British origin referring to fee that must be paid if a deal falls through because of financing issues.
PREVIOUS AND NEXT TERMS--------------------------------------
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
A term of British origin referring to fee that must be paid if a deal falls through because of financing issues.
Drop lock
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).
Dual syndicate equity offering
An international equity placement that splits the offering into two branches (domestic and foreign); each grantee is handled by a separate lead manager.
RELATED TERMS--------------------------------------
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
Note
Debt instruments with initial maturities longer than one year and shorter than 10 years.
Stock
US equivalent of the British word "share", a block of shares with a nominal value of 100, or various kinds of fixed-interest securities; in Britain, goods stored ready for sale, raw materials, work in progress and finished but unsold products.
Level
Used in the context of general equities. Price measure of an indication.
SIMILAR TERMS--------------------------------------
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
A term of British origin referring to fee that must be paid if a deal falls through because of financing issues.
PREVIOUS AND NEXT TERMS--------------------------------------
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
A term of British origin referring to fee that must be paid if a deal falls through because of financing issues.
Drop lock
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).
Dual syndicate equity offering
An international equity placement that splits the offering into two branches (domestic and foreign); each grantee is handled by a separate lead manager.
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This dictionary contains 24549 terms.
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