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Local
LocalA term used to describe a U.S. commodities trader who trades for his own account and not for his customers. RELATED TERMS-------------------------------------- Term The period of time during which a contract is in force. Trader Person or organization that earns money by buying goods, commodities, securities, etc. and selling them at a profit. Account 1) In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented. 2) In the context of investment banking, refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate. 3) In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent. SIMILAR TERMS-------------------------------------- LOCAL #170 TEAMSTERS Credit Union LOCAL #170 TEAMSTERS is a credit union with head office in WORCESTER, MA LOCAL 1233 Credit Union LOCAL 1233 is a credit union with head office in NEWARK, NJ LOCAL 1360 UFCW Credit Union LOCAL 1360 UFCW is a credit union with head office in MOORESTOWN, NJ LOCAL 142 Credit Union LOCAL 142 is a credit union with head office in SAN ANTONIO, TX LOCAL 1710 Credit Union LOCAL 1710 is a credit union with head office in SAN PEDRO, CA LOCAL 194-6 Credit Union LOCAL 194-6 is a credit union with head office in MORGANVILLE, NJ LOCAL 20 IBEW Credit Union LOCAL 20 IBEW is a credit union with head office in DALLAS, TX LOCAL 219 Credit Union LOCAL 219 is a credit union with head office in AKRON, OH LOCAL 229 IBEW Credit Union LOCAL 229 IBEW is a credit union with head office in YORK, PA LOCAL 24 EMPLOYEES Credit Union LOCAL 24 EMPLOYEES is a credit union with head office in HOUSOTN, TX LOCAL 265 IBEW Credit Union LOCAL 265 IBEW is a credit union with head office in LINCOLN, NE LOCAL 32 ASBESTOS WORKERS Credit Union LOCAL 32 ASBESTOS WORKERS is a credit union with head office in NEWARK, NJ LOCAL 355 MD Credit Union LOCAL 355 MD is a credit union with head office in BALTIMORE, MD LOCAL 41 I.B.E.W. Credit Union LOCAL 41 I.B.E.W. is a credit union with head office in ORCHARD PARK, NY LOCAL 461 Credit Union LOCAL 461 is a credit union with head office in MACON, GA LOCAL 50 PLUMBERS & STEAMFTRS Credit Union LOCAL 50 PLUMBERS & STEAMFTRS is a credit union with head office in NORTHWOOD, OH LOCAL 520 U A Credit Union LOCAL 520 U A is a credit union with head office in HARRISBURG, PA LOCAL 542 - DISTRICT III O E Credit Union LOCAL 542 - DISTRICT III O E is a credit union with head office in EDWARDSVILLE, PA LOCAL 606 ELECTRICAL WORKERS Credit Union LOCAL 606 ELECTRICAL WORKERS is a credit union with head office in ORLANDO, FL LOCAL 628 IBT Credit Union LOCAL 628 IBT is a credit union with head office in PHILADELPHIA, PA LOCAL 697 Credit Union LOCAL 697 is a credit union with head office in HAMMOND, IN LOCAL 701 I B E W Credit Union LOCAL 701 I B E W is a credit union with head office in WARRENVILLE, IL LOCAL 74 SEIU Credit Union LOCAL 74 SEIU is a credit union with head office in LONG ISLAND CIT, NY LOCAL 804 Credit Union LOCAL 804 is a credit union with head office in LONG ISLAND CIT, NY LOCAL 98 IBEW Credit Union LOCAL 98 IBEW is a credit union with head office in PHILADELPHIA, PA Local expectations hypothesis (LEH) Theory that bonds similar in all aspects except maturity will have the same holding-period rate of return. Local expectations theory A form of the pure expectations theory that suggests that the returns on bonds of different maturities will be the same over a short-term investment horizon. Local taxes In the USA, taxes paid by an individual to a local state or county. These are deductible on the person's federal tax return. LOCAL UNION 1186 IBEW Credit Union LOCAL UNION 1186 IBEW is a credit union with head office in HONOLULU, HI LOCAL UNION 392 Credit Union LOCAL UNION 392 is a credit union with head office in CINCINNATI, OH Location specific advantages Advantages (natural and created) that are available only or primarily in a particular place. Locational arbitrage Attempt to exploit discrepancies in exchange rates between banks. PREVIOUS AND NEXT TERMS-------------------------------------- Loan stock A security bearing a fixed rate of interest. The capital (the amount loaned) is repaid after a given period of time. Loan syndication The process of involving numerous different lenders in providing various portions of a loan. Loan to value ratio (LTV) The ratio of money borrowed on a property to the property's fair market value. Loan value The maximum percentage of the value of securities that a broker can lend to a margin account customer, as dictated by the Federal Reserve Board in Regulation T. Loaned flat Securities lent interest-free between brokers to cover customers' short sale positions. Local Local expectations hypothesis (LEH) Theory that bonds similar in all aspects except maturity will have the same holding-period rate of return. Local expectations theory A form of the pure expectations theory that suggests that the returns on bonds of different maturities will be the same over a short-term investment horizon. Local taxes In the USA, taxes paid by an individual to a local state or county. These are deductible on the person's federal tax return. Location specific advantages Advantages (natural and created) that are available only or primarily in a particular place. Locational arbitrage Attempt to exploit discrepancies in exchange rates between banks. We thank you for using the Financial Dictionary to search for Local. If you have a better definition for Local than the one presented here, please let us know by making use of the suggest a term option. This definition of Local may be disputed by other professionals. Our attempt is to provide easy definitions on Local and any other medical topic for the public at large.
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| ocal / lcal / loal / locl / loca / llocal / loocal / loccal / locaal / locall / oocal / pocal / ;ocal / .ocal / ,ocal / kocal / iocal / l9cal / l0cal / lpcal / llcal / lkcal / lical / l8cal / loxal / losal / lodal / lofal / loval / lo al / locql / locwl / locsl / locxl / loczl / locao / locap / loca; / loca. / loca, / locak / locai / | ||||||||||||||||