Financial Dictionary

This dictionary contains:
24549
financial terms

Dual banking




Dual banking

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

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.



SIMILAR TERMS
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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.

Dual trading
The custom of a trader on the commodities market to deal for its own account and the investor's account at the same time.



PREVIOUS AND NEXT TERMS
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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
The fixing of the interest rate on a floating-rate note or preferred stock if it falls to a specified level.

Dual banking

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.

Dual trading
The custom of a trader on the commodities market to deal for its own account and the investor's account at the same time.

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This dictionary contains 24549 terms.







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