|
 |
||
 |
| This dictionary contains: 24549 financial terms |
 |
Negative obligation
|
|
Negative obligationA New York Stock Exchange rule that governs the behavior of specialists. Negative obligation is the mandate of the specialists not trade for the specialist's firm's own account when enough public investor orders exist to match up naturally, without intervention.
RELATED TERMS--------------------------------------
Stock
US equivalent of the British word "share", a block of shares with a nominal value of 100, or various kinds of fixed-interest securities; in Britain, goods stored ready for sale, raw materials, work in progress and finished but unsold products.
Exchange
A marketplace in which shares, options and futures on stocks, bonds, commodities, and indexes are traded.
Obligation
A legal responsibility, such as to repay a debt.
Mandate
An official order from an authority to implement an action.
Trade
To buy and sell; buying and selling.
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.
Public
Assets that can be traded in a public market, such as the stock market.
Investor
Investor is a top Swedish corporation in the field of diversified financials, and its estimated market value is 10,680 million US dollars.
Without
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".
Intervention
The neutral term to describe governmental action in the economy.
SIMILAR TERMS--------------------------------------
Negative amortization
A loan repayment schedule in which the outstanding principal balance of the loan increases, rather than amortizing, because the scheduled monthly payments do not cover the full amount required to amortize the loan.
Negative carry
A situation in which the cost of financing a securities or financial futures position exceeds the yield earned.
Negative cash flow
Occurs when spending in a business is greater than earnings.
Negative convexity
A bond characteristic such that the price appreciation will be less than the price depreciation for a large change in yield of a given number of basis points.
Negative covenant
A bond covenant that limits or prohibits certain actions unless the bondholders agree.
Negative duration
Occurs when the price of an MBS moves in the same direction as interest rates.
Negative equity
A situation where the purchaser of a property has taken out a mortgage and some time after the purchase, the value of the property falls below the mortgage amount.
Negative goodwill
A gain occurring when the price paid for an acquisition is less than the fair value of its net assets.
Negative income tax
A proposal to assist taxpayer with below-subsistence-level incomes. After filing a tax return, such persons would receive a subsidy to bring them up above the poverty level.
Negative NPV tie-in project
A negative-NPV infrastructure development project that a local government requires of a company engaged in a positive NPV investment project elsewhere in the country.
Negative pledge
An agreement in which the borrower agrees not to pledge any of its assets as security and-or not to incur further indebtedness.
Negative pledge clause
A bond covenant that requires the borrower to grant lenders a lien equivalent to any liens that may be granted in the future to any other currently unsecured lenders.
Negative volume index
An index that focuses on days where the volume has significantly decreased from the previous day's trading.
Negative working capital
Occurs when current liabilities exceed current assets, which can lead to bankruptcy.
Negative yield curve
Arises when short-term interest rates are higher than long-term ones.
PREVIOUS AND NEXT TERMS--------------------------------------
Negative duration
Occurs when the price of an MBS moves in the same direction as interest rates.
Negative equity
A situation where the purchaser of a property has taken out a mortgage and some time after the purchase, the value of the property falls below the mortgage amount.
Negative goodwill
A gain occurring when the price paid for an acquisition is less than the fair value of its net assets.
Negative income tax
A proposal to assist taxpayer with below-subsistence-level incomes. After filing a tax return, such persons would receive a subsidy to bring them up above the poverty level.
Negative NPV tie-in project
A negative-NPV infrastructure development project that a local government requires of a company engaged in a positive NPV investment project elsewhere in the country.
Negative obligation
Negative pledge
An agreement in which the borrower agrees not to pledge any of its assets as security and-or not to incur further indebtedness.
Negative pledge clause
A bond covenant that requires the borrower to grant lenders a lien equivalent to any liens that may be granted in the future to any other currently unsecured lenders.
Negative volume index
An index that focuses on days where the volume has significantly decreased from the previous day's trading.
Negative working capital
Occurs when current liabilities exceed current assets, which can lead to bankruptcy.
Negative yield curve
Arises when short-term interest rates are higher than long-term ones.
RELATED TERMS--------------------------------------
Stock
US equivalent of the British word "share", a block of shares with a nominal value of 100, or various kinds of fixed-interest securities; in Britain, goods stored ready for sale, raw materials, work in progress and finished but unsold products.
Exchange
A marketplace in which shares, options and futures on stocks, bonds, commodities, and indexes are traded.
Obligation
A legal responsibility, such as to repay a debt.
Mandate
An official order from an authority to implement an action.
Trade
To buy and sell; buying and selling.
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.
Public
Assets that can be traded in a public market, such as the stock market.
Investor
Investor is a top Swedish corporation in the field of diversified financials, and its estimated market value is 10,680 million US dollars.
Without
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".
Intervention
The neutral term to describe governmental action in the economy.
SIMILAR TERMS--------------------------------------
Negative amortization
A loan repayment schedule in which the outstanding principal balance of the loan increases, rather than amortizing, because the scheduled monthly payments do not cover the full amount required to amortize the loan.
Negative carry
A situation in which the cost of financing a securities or financial futures position exceeds the yield earned.
Negative cash flow
Occurs when spending in a business is greater than earnings.
Negative convexity
A bond characteristic such that the price appreciation will be less than the price depreciation for a large change in yield of a given number of basis points.
Negative covenant
A bond covenant that limits or prohibits certain actions unless the bondholders agree.
Negative duration
Occurs when the price of an MBS moves in the same direction as interest rates.
Negative equity
A situation where the purchaser of a property has taken out a mortgage and some time after the purchase, the value of the property falls below the mortgage amount.
Negative goodwill
A gain occurring when the price paid for an acquisition is less than the fair value of its net assets.
Negative income tax
A proposal to assist taxpayer with below-subsistence-level incomes. After filing a tax return, such persons would receive a subsidy to bring them up above the poverty level.
Negative NPV tie-in project
A negative-NPV infrastructure development project that a local government requires of a company engaged in a positive NPV investment project elsewhere in the country.
Negative pledge
An agreement in which the borrower agrees not to pledge any of its assets as security and-or not to incur further indebtedness.
Negative pledge clause
A bond covenant that requires the borrower to grant lenders a lien equivalent to any liens that may be granted in the future to any other currently unsecured lenders.
Negative volume index
An index that focuses on days where the volume has significantly decreased from the previous day's trading.
Negative working capital
Occurs when current liabilities exceed current assets, which can lead to bankruptcy.
Negative yield curve
Arises when short-term interest rates are higher than long-term ones.
PREVIOUS AND NEXT TERMS--------------------------------------
Negative duration
Occurs when the price of an MBS moves in the same direction as interest rates.
Negative equity
A situation where the purchaser of a property has taken out a mortgage and some time after the purchase, the value of the property falls below the mortgage amount.
Negative goodwill
A gain occurring when the price paid for an acquisition is less than the fair value of its net assets.
Negative income tax
A proposal to assist taxpayer with below-subsistence-level incomes. After filing a tax return, such persons would receive a subsidy to bring them up above the poverty level.
Negative NPV tie-in project
A negative-NPV infrastructure development project that a local government requires of a company engaged in a positive NPV investment project elsewhere in the country.
Negative obligation
Negative pledge
An agreement in which the borrower agrees not to pledge any of its assets as security and-or not to incur further indebtedness.
Negative pledge clause
A bond covenant that requires the borrower to grant lenders a lien equivalent to any liens that may be granted in the future to any other currently unsecured lenders.
Negative volume index
An index that focuses on days where the volume has significantly decreased from the previous day's trading.
Negative working capital
Occurs when current liabilities exceed current assets, which can lead to bankruptcy.
Negative yield curve
Arises when short-term interest rates are higher than long-term ones.
We thank you for using the Financial Dictionary to search for Negative obligation. If you have a better definition for Negative obligation than the one presented here, please let us know by making use of the suggest a term option. This definition of Negative obligation may be disputed by other professionals. Our attempt is to provide easy definitions on Negative obligation and any other medical topic for the public at large.
This dictionary contains 24549 terms.
|
|