Financial Dictionary

This dictionary contains:
24549
financial terms

Executor




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
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Trust
A large combination of business organizations, possibly tending towards a monopoly.

Will
The written expression of a person's wishes as to how his property should be distributed by his executors.

Settle
To pay a debt or bill or account.

Estate
European Economic Community.



SIMILAR TERMS
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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.



PREVIOUS AND NEXT TERMS
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Excise tax
Federal or state tax placed on the sale or manufacture of a commodity, typically a luxury item e.g., alcohol.

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

Exempt list
Sophisticated investors, usually institutional investors, who are considered informed enough that new issues can be marketed to them without a prospectus.

Exempt securities
Instruments exempt from the registration requirements of the Securities Act of 1933 or the margin requirements of the SEC Act of 1934.

Exemption
Direct reductions from gross income allowed by the IRS.

Exercise
To implement the right of the holder of an option to buy (in the case of a call) or sell (in the case of a put) the underlying security.

Exercise limit
Cap on the number of option contracts of any one class of contract that can be exercised within a five-day period contract.

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This dictionary contains 24549 terms.







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