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Escrow receipt
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Escrow receiptA document provided by a bank in options trading to guarantee that the underlying security is on deposit and available for potential delivery.
RELATED TERMS--------------------------------------
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.
Trading
Buying and selling securities.
Guarantee
The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.
Underlying
1) In derivatives, the security that must be delivered when a derivative contract, such as a put or call option, is exercised. 2) In equities, the common stock that must be delivered when a warrant is exercised, or when a convertible bond or convertible preferred share is converted to common stock.
Security
Piece of paper that proves ownership of stocks, bonds, and other investments.
Delivery
The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract.
SIMILAR TERMS--------------------------------------
Escrow
Property or money held by a third party until the agreed upon obligations of a contract are met.
Escrowed to maturity (ETM)
Holding of the proceeds from a new bond issue to pay off an existing bond issue at its maturation date.
PREVIOUS AND NEXT TERMS--------------------------------------
Escalator clause
Provision in a contract allowing cost increases to be passed on.
Escheat
Reversion 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.
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
Escrowed to maturity (ETM)
Holding of the proceeds from a new bond issue to pay off an existing bond issue at its maturation date.
Estate
European Economic Community.
Estate planning
The preparation of a plan to carry out an individual's wishes as to the administration and disposition of his-her property before or after his-her death.
Estate tax
A federal or state tax imposed on an individual's assets inherited by heirs.
Estimated tax
Tax to be paid quarterly on income that is not subject to withholding tax, including self-employed income, investment income, alimony, rent, and capital gains.
RELATED TERMS--------------------------------------
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.
Trading
Buying and selling securities.
Guarantee
The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations.
Underlying
1) In derivatives, the security that must be delivered when a derivative contract, such as a put or call option, is exercised. 2) In equities, the common stock that must be delivered when a warrant is exercised, or when a convertible bond or convertible preferred share is converted to common stock.
Security
Piece of paper that proves ownership of stocks, bonds, and other investments.
Delivery
The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract.
SIMILAR TERMS--------------------------------------
Escrow
Property or money held by a third party until the agreed upon obligations of a contract are met.
Escrowed to maturity (ETM)
Holding of the proceeds from a new bond issue to pay off an existing bond issue at its maturation date.
PREVIOUS AND NEXT TERMS--------------------------------------
Escalator clause
Provision in a contract allowing cost increases to be passed on.
Escheat
Reversion 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.
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
Escrowed to maturity (ETM)
Holding of the proceeds from a new bond issue to pay off an existing bond issue at its maturation date.
Estate
European Economic Community.
Estate planning
The preparation of a plan to carry out an individual's wishes as to the administration and disposition of his-her property before or after his-her death.
Estate tax
A federal or state tax imposed on an individual's assets inherited by heirs.
Estimated tax
Tax to be paid quarterly on income that is not subject to withholding tax, including self-employed income, investment income, alimony, rent, and capital gains.
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This dictionary contains 24549 terms.
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