Financial Dictionary

This dictionary contains:
24549
financial terms

Except for opinion




Except for opinion

An auditor's opinion reflecting the fact that the auditor is unable to audit certain areas of the company's operations because of restrictions imposed conditions beyond the auditor's control.

RELATED TERMS
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Audit
Floating rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction.

Control
50% of the outstanding votes plus one vote.



SIMILAR TERMS
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EXCEL COAL Limited
EXCEL COAL Limited is a large Australian company in the field of energy. Their Australian Stock Exchange (ASX) code is EXL.

Excelsior
Excelsior is a Mexican newspaper.

Exception
A proxy which does not authorize the proxy committee to act on its behalf concerning any other business, adjournments or substitutions.

Exceptional return
Residual return plus benchmark timing return.

Excess accumulation
The amount of a required minimum distribution that an IRA holder fails to remove from an IRA in a timely manner.

Excess contribution
The amount by which an IRA contribution exceeds the allowable limits.

Excess kurtosis
Kurtosis measures the "fatness" of the tails of a distribution. Positive excess kurtosis means that distribution has fatter tails than a normal distribution.

Excess margin
Equity present in an individual's account above the legal minimum required for a margin account or the maintenance requirement at a brokerage firm.

Excess profits tax
Additional federal taxes placed on the earnings of a business, used only in time of national emergency such as war.

Excess reserves
Amount of reserves held by an institution in excess of its reserve requirement and required clearing balance.

Excess return on the market portfolio
Difference between the return on the market portfolio and the riskless rate.

Excess returns
Difference between an asset's return and the riskless rate.



PREVIOUS AND NEXT TERMS
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Ex rights date
The date on which a share of common stock with rights on it begins trading ex-rights.

Ex warrants
Describes a stock sale during the time in which the buyer of the stock is not entitled to the warrant accompanying the stock.

Ex works (EXW)
A transaction in which the seller's only responsibility is to make the ordered goods available to the buyer at the seller's premises.

Exact interest
Interest paid based on the basis of a 365-day-year schedule by a bank or other financial institution as opposed to a 360-day basis.

Exact matching
A bond portfolio management strategy that involves finding the lowest cost portfolio generating cash inflows exactly equal to cash outflows that are being financed by investment.

Except for opinion

Exception
A proxy which does not authorize the proxy committee to act on its behalf concerning any other business, adjournments or substitutions.

Exceptional return
Residual return plus benchmark timing return.

Excess accumulation
The amount of a required minimum distribution that an IRA holder fails to remove from an IRA in a timely manner.

Excess contribution
The amount by which an IRA contribution exceeds the allowable limits.

Excess kurtosis
Kurtosis measures the "fatness" of the tails of a distribution. Positive excess kurtosis means that distribution has fatter tails than a normal distribution.

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This dictionary contains 24549 terms.







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