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Escheat
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EscheatReversion of monies or securities to the state in which the security holder was last known to reside, when no claim by the security holder has been made after a certain period of time fixed by state law.
RELATED TERMS--------------------------------------
Securities
Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.).
Security
Piece of paper that proves ownership of stocks, bonds, and other investments.
Holder
1) A person in possession of a negotiable instrument such as a bill of exchange or promissory note. 2) A person who has made an opening purchase of an option and thus has acquired the rights to them.
Law
The body of rules which is designed to ensure that the inhabitants of a Jurisdiction will live in harmony.
SIMILAR TERMS--------------------------------------
Escheat Period
The period of elapsed time required by applicable state law for property to be presumed abandoned.
Escheatment
The process of turning over unclaimed or abandoned property to a state authority.
PREVIOUS AND NEXT TERMS--------------------------------------
Equivalent bond yield
Effective annual yield on a short-term, noninterest-bearing security calculated for comparison to yields quoted on coupon securities.
Equivalent loan
Given the after-tax stream associated with a lease, the maximum amount of conventional debt that the same period-by-period after-tax debt service stream is capable of supporting.
Equivalent taxable yield
The yield that must be offered on a taxable bond issue to give the same after-tax yield as a tax-exempt issue.
Erosion
A negative impact on one or more of a firm's existing assets.
Escalator clause
Provision in a contract allowing cost increases to be passed on.
Escheat
Escheat Period
The period of elapsed time required by applicable state law for property to be presumed abandoned.
Escheatment
The process of turning over unclaimed or abandoned property to a state authority.
Escrow
Property or money held by a third party until the agreed upon obligations of a contract are met.
Escrow receipt
A document provided by a bank in options trading to guarantee that the underlying security is on deposit and available for potential delivery.
Escrowed to maturity (ETM)
Holding of the proceeds from a new bond issue to pay off an existing bond issue at its maturation date.
RELATED TERMS--------------------------------------
Securities
Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.).
Security
Piece of paper that proves ownership of stocks, bonds, and other investments.
Holder
1) A person in possession of a negotiable instrument such as a bill of exchange or promissory note. 2) A person who has made an opening purchase of an option and thus has acquired the rights to them.
Law
The body of rules which is designed to ensure that the inhabitants of a Jurisdiction will live in harmony.
SIMILAR TERMS--------------------------------------
Escheat Period
The period of elapsed time required by applicable state law for property to be presumed abandoned.
Escheatment
The process of turning over unclaimed or abandoned property to a state authority.
PREVIOUS AND NEXT TERMS--------------------------------------
Equivalent bond yield
Effective annual yield on a short-term, noninterest-bearing security calculated for comparison to yields quoted on coupon securities.
Equivalent loan
Given the after-tax stream associated with a lease, the maximum amount of conventional debt that the same period-by-period after-tax debt service stream is capable of supporting.
Equivalent taxable yield
The yield that must be offered on a taxable bond issue to give the same after-tax yield as a tax-exempt issue.
Erosion
A negative impact on one or more of a firm's existing assets.
Escalator clause
Provision in a contract allowing cost increases to be passed on.
Escheat
Escheat Period
The period of elapsed time required by applicable state law for property to be presumed abandoned.
Escheatment
The process of turning over unclaimed or abandoned property to a state authority.
Escrow
Property or money held by a third party until the agreed upon obligations of a contract are met.
Escrow receipt
A document provided by a bank in options trading to guarantee that the underlying security is on deposit and available for potential delivery.
Escrowed to maturity (ETM)
Holding of the proceeds from a new bond issue to pay off an existing bond issue at its maturation date.
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This dictionary contains 24549 terms.
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