Financial Dictionary

This dictionary contains:
24549
financial terms

Extension




Extension

Voluntary arrangements to restructure a firm's debt, under which the payment date is postponed.

RELATED TERMS
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Debt
Money borrowed.

Payment
The amount required to repay a loan, including interest and fees.



SIMILAR TERMS
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Extendable bond
Bond whose maturity can be extended at the option of the holder (investor).

Extendable notes
Note with maturity that can be extended by mutual agreement between the issuer and investors.

Extendicare Inc.
Extendicare Inc. is one of Canada's largest companies.

Extension date
The day on which the first option either expires or is extended.

Extension swap
Extending maturity through a swap, e.g. selling a 2-year note and buying one with a slightly longer current maturity.

External audit
A review of financial statements and accounting records by an accountant not belonging to the firm.

External finance
Funding that is not generated by a firm's operations: new borrowing or a stock issue.

External funds
Funds originating from a source outside the corporation to increase cash flow and to aid in expansion efforts.

External market
Also referred to as the international market, the offshore market, or, more popularly, the Euromarket.

Externalities
Costs imposed on others without their receiving compensation, or benefits received by others without their paying the proper costs.



PREVIOUS AND NEXT TERMS
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Exposure netting
Offsetting exposures in one currency with exposures in the same or another currency, when exchange rates are expected to move in such a way that losses or gains on the first exposed position should be offset by gains or losses on the second currency exposure.

Expropriation
The taking over of a company or project by the state, implying compensation will be paid. Nationalization.

Expunge
Used in the context of general equities. Remove any trace of an Autoindication's existence at any time.

Extendable bond
Bond whose maturity can be extended at the option of the holder (investor).

Extendable notes
Note with maturity that can be extended by mutual agreement between the issuer and investors.

Extension

Extension date
The day on which the first option either expires or is extended.

Extension swap
Extending maturity through a swap, e.g. selling a 2-year note and buying one with a slightly longer current maturity.

External audit
A review of financial statements and accounting records by an accountant not belonging to the firm.

External finance
Funding that is not generated by a firm's operations: new borrowing or a stock issue.

External funds
Funds originating from a source outside the corporation to increase cash flow and to aid in expansion efforts.

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This dictionary contains 24549 terms.







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