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Excise tax
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Excise taxFederal or state tax placed on the sale or manufacture of a commodity, typically a luxury item e.g., alcohol.
RELATED TERMS--------------------------------------
Sale
An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery.
Commodity
A commodity is food, metal, or another fixed physical substance that investors buy or sell, usually via futures contracts.
SIMILAR TERMS--------------------------------------
Excise duties
Taxes raised on certain products, particularly tobacco and alcoholic drinks.
PREVIOUS AND NEXT TERMS--------------------------------------
Exchange, The
A nickname for the New York Stock Exchange. Also known as the Big Board, where more than 2000 common and preferred stocks are traded.
Exchangeable
Applies mainly to convertible securities. Means the issuer, if so stated, may substitute a convertible debenture for an existing convertible preferred with identical terms.
Exchangeable instrument
Applies mainly to convertible securities. Bond or preferred stock that may be exchangeable into the common stock of a different public corporation.
Exchangeable security
Investment instrument that grants its holder the right to exchange it for the common stock of a firm other than the issuer of the instrument.
Excise duties
Taxes raised on certain products, particularly tobacco and alcoholic drinks.
Excise tax
Exclusionary self-tender
A firm's offer to buy a given amount of its own stock while excluding targeted stockholders.
Exclusive
In the context of general equities, having sole possession of the customer order-indication; not in competition with other dealers.
Execution
The process of completing an order to buy or sell securities. Once a trade is executed, it is reported by a Confirmation Report; settlement (payment and transfer of ownership) occurs in the U.S. between one (mutual funds) and three (stocks) days after an order is executed.
Execution costs
The difference between the execution price of a security and the price that would have existed in the absence of a trade.
Executor
An individual or trust institution nominated in a will and appointed by a court to settle the estate of a deceased person.
RELATED TERMS--------------------------------------
Sale
An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery.
Commodity
A commodity is food, metal, or another fixed physical substance that investors buy or sell, usually via futures contracts.
SIMILAR TERMS--------------------------------------
Excise duties
Taxes raised on certain products, particularly tobacco and alcoholic drinks.
PREVIOUS AND NEXT TERMS--------------------------------------
Exchange, The
A nickname for the New York Stock Exchange. Also known as the Big Board, where more than 2000 common and preferred stocks are traded.
Exchangeable
Applies mainly to convertible securities. Means the issuer, if so stated, may substitute a convertible debenture for an existing convertible preferred with identical terms.
Exchangeable instrument
Applies mainly to convertible securities. Bond or preferred stock that may be exchangeable into the common stock of a different public corporation.
Exchangeable security
Investment instrument that grants its holder the right to exchange it for the common stock of a firm other than the issuer of the instrument.
Excise duties
Taxes raised on certain products, particularly tobacco and alcoholic drinks.
Excise tax
Exclusionary self-tender
A firm's offer to buy a given amount of its own stock while excluding targeted stockholders.
Exclusive
In the context of general equities, having sole possession of the customer order-indication; not in competition with other dealers.
Execution
The process of completing an order to buy or sell securities. Once a trade is executed, it is reported by a Confirmation Report; settlement (payment and transfer of ownership) occurs in the U.S. between one (mutual funds) and three (stocks) days after an order is executed.
Execution costs
The difference between the execution price of a security and the price that would have existed in the absence of a trade.
Executor
An individual or trust institution nominated in a will and appointed by a court to settle the estate of a deceased person.
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This dictionary contains 24549 terms.
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