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| This dictionary contains: 24549 financial terms |
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EFTPOS
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EFTPOSAcronynm for Electronic Funds Transfer at Point of Sale. Payment is transferred usually from a checking account at the point of sale.
RELATED TERMS--------------------------------------
Transfer
A change of ownership from one person or party to another.
Point
The smallest unit of price change quoted, or one one-hundredth of a percent.
Sale
An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery.
Payment
The amount required to repay a loan, including interest and fees.
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--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Efficient Market Hypothesis
States that all relevant information is fully and immediately reflected in a security's market price, thereby assuming that an investor will obtain an equilibrium rate of return.
Efficient Markets Theory (EMT)
Principle that all assets are correctly priced by the market, and that there are no bargains.
Efficient portfolio
A portfolio that provides the greatest expected return for a given level of risk or, equivalently, the lowest risk for a given expected return.
Efficient set
Graph representing a set of portfolios that maximize expected return at each level of portfolio risk.
Efficient surface
The set of portfolios that result from investor's preference for higher means, lower variance and higher (positive) skewness. The efficient surface is analogous (in three dimensions, mean, variance and skewness) to the efficient frontier (in two dimensions, mean and variance).
EFTPOS
Eighth
Historical term used in the context of general equities. A specialist or another broker is bidding higher or offering lower than we are, often topping or undercutting us by an eighth.
Either or order
Used in the context of general equities.
Either way market
In the interbank Eurodollar deposit market, an either-way market is one in which the bid and offered rates are identical.
Either-or facility
An agreement permitting a bank customer to borrow either domestic dollars from the bank's head office or Eurodollars from one of its foreign branches.
Elasticity of an option
Percentage change in the value of an option given a 1% change in the value of the option's underlying stock.
RELATED TERMS--------------------------------------
Transfer
A change of ownership from one person or party to another.
Point
The smallest unit of price change quoted, or one one-hundredth of a percent.
Sale
An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery.
Payment
The amount required to repay a loan, including interest and fees.
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--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Efficient Market Hypothesis
States that all relevant information is fully and immediately reflected in a security's market price, thereby assuming that an investor will obtain an equilibrium rate of return.
Efficient Markets Theory (EMT)
Principle that all assets are correctly priced by the market, and that there are no bargains.
Efficient portfolio
A portfolio that provides the greatest expected return for a given level of risk or, equivalently, the lowest risk for a given expected return.
Efficient set
Graph representing a set of portfolios that maximize expected return at each level of portfolio risk.
Efficient surface
The set of portfolios that result from investor's preference for higher means, lower variance and higher (positive) skewness. The efficient surface is analogous (in three dimensions, mean, variance and skewness) to the efficient frontier (in two dimensions, mean and variance).
EFTPOS
Eighth
Historical term used in the context of general equities. A specialist or another broker is bidding higher or offering lower than we are, often topping or undercutting us by an eighth.
Either or order
Used in the context of general equities.
Either way market
In the interbank Eurodollar deposit market, an either-way market is one in which the bid and offered rates are identical.
Either-or facility
An agreement permitting a bank customer to borrow either domestic dollars from the bank's head office or Eurodollars from one of its foreign branches.
Elasticity of an option
Percentage change in the value of an option given a 1% change in the value of the option's underlying stock.
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This dictionary contains 24549 terms.
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