Financial Dictionary

This dictionary contains:
24549
financial terms

Late charge




Late charge

A charge imposed by a lender to a borrower when the borrower fails to make payment on the due date.

RELATED TERMS
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Charge
The document evidencing mortgage security required by Crown Law (law derived from English law).

Lender
Person or institution that lends money to someone else.

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



SIMILAR TERMS
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Late day trading
An unethical practice of a hedge fund purchasing and then selling securities after the close of a trading day, but making the transactions appear as though they occurred before the market close.

Late reported trade
A term used by the London Stock Exchange to denote that a trade was not reported in accordance with the Exchange's rules on trade reporting.

Late tape
A delay in the display of price changes on the tape of an exchange because of heavy trading.

Late trading
Late trading of mutual fund shares occurs when investors placing trades after 4 PM receive the 4 PM price.

Latent default
A potential default that may have always been present but unidentified.



PREVIOUS AND NEXT TERMS
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Last sale
The most recent trade performed in a security.

Last sale reporting
An electronic entry, to the Nasdaq Stock Market, of the amount and price of shares involved in a transaction's not less than a board lot.

Last split
After a stock split, the number of shares distributed for each share held and the date of the distribution.

Last trading day
The final day that a futures or options contract may trade or be closed out before delivery of the underlying asset must occur.

Last twelve months
A term used to describe financial results during the period of the last 12 months.

Late charge

Late day trading
An unethical practice of a hedge fund purchasing and then selling securities after the close of a trading day, but making the transactions appear as though they occurred before the market close.

Late reported trade
A term used by the London Stock Exchange to denote that a trade was not reported in accordance with the Exchange's rules on trade reporting.

Late tape
A delay in the display of price changes on the tape of an exchange because of heavy trading.

Late trading
Late trading of mutual fund shares occurs when investors placing trades after 4 PM receive the 4 PM price.

Latent default
A potential default that may have always been present but unidentified.

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This dictionary contains 24549 terms.







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