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Fiduciary
FiduciaryOne who must act for the benefit of another party. SIMILAR TERMS-------------------------------------- FIDUCIAN PORTFOLIO Services Limited FIDUCIAN PORTFOLIO Services Limited is a large Australian company in the field of diversified financials. Their Australian Stock Exchange (ASX) code is FPS. Fiduciary note issue Paper money (banknotes) that is not backed by reserves of gold. Fiduciary out A provision that permits the Board of Directors to terminate a proposed merger if a better deal arises with another party. PREVIOUS AND NEXT TERMS-------------------------------------- Feedback systems An equation where the output becomes the input in the next iteration. This is much like a public address system where the microphone is placed next to the speakers generating feedback as the signal is looped through the PA system. FHA prepayment experience The percentage of loans in a pool of mortgages outstanding at the origination anniversary, based on annual statistical historic survival rates for FHA-insured mortgages. Fiat money Nonconvertible paper money. Fictitious credit A margin account's credit balance. Fictitious credit exists after the proceeds from a short sale are accounted for with respect to the margin requirement. Fictitious trading Wash trading, bucketing, cross trading, or other types of trade to give the appearance of trading where no competitive trade has occurred. Fiduciary Fiduciary note issue Paper money (banknotes) that is not backed by reserves of gold. Fiduciary out A provision that permits the Board of Directors to terminate a proposed merger if a better deal arises with another party. Field warehouse Warehouse rented by a company on another firm's premises. Figure Refers to details about price including the bid and offer. Figuring the tail Calculating the yield at which a future money market (one available some period hence) is purchased when that future security is created by buying an existing instrument and financing the initial portion of its life with a term repo. We thank you for using the Financial Dictionary to search for FIDUCIARY. If you have a better definition for FIDUCIARY than the one presented here, please let us know by making use of the suggest a term option. This definition of FIDUCIARY may be disputed by other professionals. Our attempt is to provide easy definitions on FIDUCIARY and any other medical topic for the public at large.
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