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| This dictionary contains: 24549 financial terms |
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Non-cumulative preferred stock
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Non-cumulative preferred stockPreferred stock whose holders must forgo dividend payments when the company misses a dividend payment.
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.
Dividend
A portion of a company's profit paid to common and preferred shareholders.
Company
A proprietorship, partnership, corporation, or other form of enterprise that engages in business.
Payment
The amount required to repay a loan, including interest and fees.
SIMILAR TERMS--------------------------------------
Non-accredited investor
Wealthy, sophisticated investors who do not meet SECnet worth requirements.
Non-callable
A preferred stock or bond that cannot be redeemed whenever desired by the issuer.
Non-cash charge
A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow.
Non-clearing member
An exchange member firm that is not able to clear transactions, and must pay another member firm to carry out its clearing operations.
Non-client order
An order on an exchange made by a participant firm or on behalf of a partner, officer, director or employee of the participant firm.
Non-commercial trader
A classification used by the Commodity Futures Trading Commission (CFTC) to identify traders that use the futures market for speculative purposes.
Non-compete
A provision in a number of employment contracts that prohibits an employee from working for a competing firm for a specified number of years after the employee leaves the firm.
Non-competitive bid
In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted competitive bids.
Non-competitive tender
Offer by an investor to purchase Treasury securities at a price equivalent to the weighted average discount rate or yield of accepted competitive bids in a Treasury auction.
Non-contributory pension plan
A pension plan that is fully paid for by the employer, requiring no employee contributions.
Non-convertible currency
Any currency that is used primarily for domestic transactions and is not openly traded on a forex market, usually due to government restrictions on the currency which prevent it from being exchanged for foreign currencies.
Non-cumulative
Applies mainly to convertible securities. Type of preferred stock on which unpaid or Omitted dividends do not accrue.
Non-current assets
Those that will not be consumed or turned into cash, but will be retained for more than one accounting period.
Non-current liability
A liability due in one year.
Non-deductible contribution
A contribution to either a traditional IRA or Roth IRA. Income tax is due on the contribution in the tax year for which the contribution is made.
Non-deliverable forward contracts (NDF)
Agreement regarding a position in a specified currency, a specified exchange rate, and a specified future settlement date, that does not result in delivery of currencies.
Non-directed order
A customer order where specific instructions are not given, by the customer to the broker, pertaining to its routing destination.
Non-discretionary proposal
A proposition on a proxy card requiring a response from the beneficial owner which does not fall under the Ten Day Rule.
Non-discretionary trust
A personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary.
Non-diversifiability of human capital
The difficulty of hedging one's human capital (the unique capabilities and expertise of individuals) and employment effort.
Non-diversifiable risk
Risk that cannot be eliminated by having a large portfolio of many assets.
Non-elective contribution
A type of contribution an employer chooses to make to each of his or her eligible employee's employer-sponsored retirement plan.
Non-equity option
An option whose underlying entity is not common stock; typically refers to options on physical commodities and index options.
Non-farm payroll
A statistic researched, recorded and reported by the U.S. Bureau of Labor Statistics intended to represent the total number of paid U.S. workers of any business.
Non-financial assets
Physical assets such as real estate and machinery.
Non-financial services
Such things as freight, insurance, passenger services, and travel.
Non-fluctuating
The characteristic of constancy in a security or measurement's value, rate of change or other metric.
Non-insured plans
Defined benefit pension plans that are not guaranteed by life insurance products.
Non-interest bearing current liability
A category of debt entered on the liabilities side of a balance sheet under current liabilities.
Non-interest bearing note
A note without periodic interest payment, but selling at a discount and maturing at face value.
Non-intermediated debt market
A financial market in which borrowers (government and large corporations) appeal directly to savers for debt capital through the securities markets without using a financial institution as intermediary.
Non-marketable security
Securities that cannot be easily bought and sold.
Non-marketed claims
Claims that cannot be easily bought and sold in the financial markets, such as those of the government and litigants in lawsuits.
Non-member bank
Depository institution that is not a member of the Federal Reserve System. Specifically, a state-chartered commercial bank that has elected not to join the System.
Non-member firm
Used for listed equity securities. Brokerage firm that is not a member of an organized exchange (NYSE). Such firms execute trades either through member firms, or on regional exchanges where they are members, or in the third market.
Non-monetary assets and liabilities
Assets and liabilities with noncontractual payoffs.
Non-negotiable
1) A term relating to the price of a good or security which is firmly established and cannot be adjusted. 2) A term relating to a good or security whose ownership is not easily transferable from one party to another.
Non-operating asset
Assets that are unnecessary to the ongoing operations of a business.
Non-operating cash flows
Cash inflows and outflows related to non-current investments, financing, and dividends.
Non-parallel shift in the yield curve
A shift in the yield curve in which yields do not change by the same number of basis points for every maturity.
Non-participating life insurance policy
Life insurance policy whose policyholders do not receive dividends, because they are not participants in the interest, dividends, and capital gains earned by the insurer on premiums paid.
Non-performing asset
An asset that is not effectively producing income, such as an overdue loan.
Non-productive loan
A loan that increases spending power, but is used in business that does not directly increase the economy's output, such as a leveraged buyout loan.
Non-profit organization
An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well.
Non-public information
Information about a company that is not known by the general public, which will have a definite impact on the stock price when released.
Non-purpose loan
A loan with securities pledged as collateral, but which is not to be used in securities trading or transactions.
Non-qualified plan
A retirement plan that does not meet the IRS requirements for favorable tax treatment.
Non-qualifying annuity
An annuity that does not fall under an IRS-approved pension plan. Contributions are made with after-tax dollars, but earnings can accumulate tax-deferred until withdrawal.
Non-qualifying investment
An investment that does not qualify for any level of tax-deferred or tax-exempt status. Investments of this sort are made with after-tax money.
Non-qualifying life policy
A life assurance policy which does not satisfy the requirements of the Inland Revenue and does not qualify for certain tax relief.
Non-qualifying stock option
An employee stock option that does not satisfy IRS qualifying rules and therefore is liable for taxation upon exercise .
Non-rated
A bond that has not been rated by a large rating agency, usually because the issue is too small.
Non-recourse
In the case of default, the lender has no ability to claim assets over and above what the limited partners contributed.
Non-recourse debt
A loan that is secured by some sort of collateral, usually property.
Non-recourse finance
A loan where the lending bank is only entitled to repayment from the profits of the project the loan is funding, not from other assets of the borrower.
Non-recourse loan
A loan for which no partner or related person bears the economic risk of loss.
Non-recurring charge
A one-time expense or credit shown in a company's financial statement.
Non-redeemable
Not permitted, under the terms of an indenture, to be redeemed.
Non-refundable
Not permitted, under the terms of an indenture, to be refundable.
Non-regular way
A trade made with stated conditions, such as a cash sale, which may have delivery and settlement terms that are different from the standard procedures.
Non-renounceable rights
An offer issued by a corporation to shareholders to purchase more shares of the corporation (usually at a discount).
Non-reproducible assets
A tangible asset with unique physical properties, like a parcel of land, a mine, or a work of art.
Non-resident alien
A person living and working in the United States who is not a US citizen or a permanent resident.
Non-risk trade
A term used by the London Stock Exchange to denote that a transaction was specifically for SEATS based segments only.
Non-sterilized intervention
Taking an action in the foreign exchange market without adjusting for changes in money supply.
Non-systematic risk
Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk or diversifiable risk. Systematic risk refers to risk factors common to the entire economy.
Non-taxable dividends
Dividends from a mutual fund or some other regulated investment company that are not taxed.
Non-taxpayer
Someone whose income falls below their annual personal tax allowance
Non-tradables
Goods and services produced and consumed domestically that are not close substitutes to import or export goods and services.
Non-voting stock
A security that does not entitle the holder to vote on the corporation's resolutions or elections.
PREVIOUS AND NEXT TERMS--------------------------------------
Non-competitive bid
In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted competitive bids.
Non-competitive tender
Offer by an investor to purchase Treasury securities at a price equivalent to the weighted average discount rate or yield of accepted competitive bids in a Treasury auction.
Non-contributory pension plan
A pension plan that is fully paid for by the employer, requiring no employee contributions.
Non-convertible currency
Any currency that is used primarily for domestic transactions and is not openly traded on a forex market, usually due to government restrictions on the currency which prevent it from being exchanged for foreign currencies.
Non-cumulative
Applies mainly to convertible securities. Type of preferred stock on which unpaid or Omitted dividends do not accrue.
Non-cumulative preferred stock
Non-current assets
Those that will not be consumed or turned into cash, but will be retained for more than one accounting period.
Non-current liability
A liability due in one year.
Non-deductible contribution
A contribution to either a traditional IRA or Roth IRA. Income tax is due on the contribution in the tax year for which the contribution is made.
Non-deliverable forward contracts (NDF)
Agreement regarding a position in a specified currency, a specified exchange rate, and a specified future settlement date, that does not result in delivery of currencies.
Non-directed order
A customer order where specific instructions are not given, by the customer to the broker, pertaining to its routing destination.
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.
Dividend
A portion of a company's profit paid to common and preferred shareholders.
Company
A proprietorship, partnership, corporation, or other form of enterprise that engages in business.
Payment
The amount required to repay a loan, including interest and fees.
SIMILAR TERMS--------------------------------------
Non-accredited investor
Wealthy, sophisticated investors who do not meet SECnet worth requirements.
Non-callable
A preferred stock or bond that cannot be redeemed whenever desired by the issuer.
Non-cash charge
A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow.
Non-clearing member
An exchange member firm that is not able to clear transactions, and must pay another member firm to carry out its clearing operations.
Non-client order
An order on an exchange made by a participant firm or on behalf of a partner, officer, director or employee of the participant firm.
Non-commercial trader
A classification used by the Commodity Futures Trading Commission (CFTC) to identify traders that use the futures market for speculative purposes.
Non-compete
A provision in a number of employment contracts that prohibits an employee from working for a competing firm for a specified number of years after the employee leaves the firm.
Non-competitive bid
In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted competitive bids.
Non-competitive tender
Offer by an investor to purchase Treasury securities at a price equivalent to the weighted average discount rate or yield of accepted competitive bids in a Treasury auction.
Non-contributory pension plan
A pension plan that is fully paid for by the employer, requiring no employee contributions.
Non-convertible currency
Any currency that is used primarily for domestic transactions and is not openly traded on a forex market, usually due to government restrictions on the currency which prevent it from being exchanged for foreign currencies.
Non-cumulative
Applies mainly to convertible securities. Type of preferred stock on which unpaid or Omitted dividends do not accrue.
Non-current assets
Those that will not be consumed or turned into cash, but will be retained for more than one accounting period.
Non-current liability
A liability due in one year.
Non-deductible contribution
A contribution to either a traditional IRA or Roth IRA. Income tax is due on the contribution in the tax year for which the contribution is made.
Non-deliverable forward contracts (NDF)
Agreement regarding a position in a specified currency, a specified exchange rate, and a specified future settlement date, that does not result in delivery of currencies.
Non-directed order
A customer order where specific instructions are not given, by the customer to the broker, pertaining to its routing destination.
Non-discretionary proposal
A proposition on a proxy card requiring a response from the beneficial owner which does not fall under the Ten Day Rule.
Non-discretionary trust
A personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary.
Non-diversifiability of human capital
The difficulty of hedging one's human capital (the unique capabilities and expertise of individuals) and employment effort.
Non-diversifiable risk
Risk that cannot be eliminated by having a large portfolio of many assets.
Non-elective contribution
A type of contribution an employer chooses to make to each of his or her eligible employee's employer-sponsored retirement plan.
Non-equity option
An option whose underlying entity is not common stock; typically refers to options on physical commodities and index options.
Non-farm payroll
A statistic researched, recorded and reported by the U.S. Bureau of Labor Statistics intended to represent the total number of paid U.S. workers of any business.
Non-financial assets
Physical assets such as real estate and machinery.
Non-financial services
Such things as freight, insurance, passenger services, and travel.
Non-fluctuating
The characteristic of constancy in a security or measurement's value, rate of change or other metric.
Non-insured plans
Defined benefit pension plans that are not guaranteed by life insurance products.
Non-interest bearing current liability
A category of debt entered on the liabilities side of a balance sheet under current liabilities.
Non-interest bearing note
A note without periodic interest payment, but selling at a discount and maturing at face value.
Non-intermediated debt market
A financial market in which borrowers (government and large corporations) appeal directly to savers for debt capital through the securities markets without using a financial institution as intermediary.
Non-marketable security
Securities that cannot be easily bought and sold.
Non-marketed claims
Claims that cannot be easily bought and sold in the financial markets, such as those of the government and litigants in lawsuits.
Non-member bank
Depository institution that is not a member of the Federal Reserve System. Specifically, a state-chartered commercial bank that has elected not to join the System.
Non-member firm
Used for listed equity securities. Brokerage firm that is not a member of an organized exchange (NYSE). Such firms execute trades either through member firms, or on regional exchanges where they are members, or in the third market.
Non-monetary assets and liabilities
Assets and liabilities with noncontractual payoffs.
Non-negotiable
1) A term relating to the price of a good or security which is firmly established and cannot be adjusted. 2) A term relating to a good or security whose ownership is not easily transferable from one party to another.
Non-operating asset
Assets that are unnecessary to the ongoing operations of a business.
Non-operating cash flows
Cash inflows and outflows related to non-current investments, financing, and dividends.
Non-parallel shift in the yield curve
A shift in the yield curve in which yields do not change by the same number of basis points for every maturity.
Non-participating life insurance policy
Life insurance policy whose policyholders do not receive dividends, because they are not participants in the interest, dividends, and capital gains earned by the insurer on premiums paid.
Non-performing asset
An asset that is not effectively producing income, such as an overdue loan.
Non-productive loan
A loan that increases spending power, but is used in business that does not directly increase the economy's output, such as a leveraged buyout loan.
Non-profit organization
An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well.
Non-public information
Information about a company that is not known by the general public, which will have a definite impact on the stock price when released.
Non-purpose loan
A loan with securities pledged as collateral, but which is not to be used in securities trading or transactions.
Non-qualified plan
A retirement plan that does not meet the IRS requirements for favorable tax treatment.
Non-qualifying annuity
An annuity that does not fall under an IRS-approved pension plan. Contributions are made with after-tax dollars, but earnings can accumulate tax-deferred until withdrawal.
Non-qualifying investment
An investment that does not qualify for any level of tax-deferred or tax-exempt status. Investments of this sort are made with after-tax money.
Non-qualifying life policy
A life assurance policy which does not satisfy the requirements of the Inland Revenue and does not qualify for certain tax relief.
Non-qualifying stock option
An employee stock option that does not satisfy IRS qualifying rules and therefore is liable for taxation upon exercise .
Non-rated
A bond that has not been rated by a large rating agency, usually because the issue is too small.
Non-recourse
In the case of default, the lender has no ability to claim assets over and above what the limited partners contributed.
Non-recourse debt
A loan that is secured by some sort of collateral, usually property.
Non-recourse finance
A loan where the lending bank is only entitled to repayment from the profits of the project the loan is funding, not from other assets of the borrower.
Non-recourse loan
A loan for which no partner or related person bears the economic risk of loss.
Non-recurring charge
A one-time expense or credit shown in a company's financial statement.
Non-redeemable
Not permitted, under the terms of an indenture, to be redeemed.
Non-refundable
Not permitted, under the terms of an indenture, to be refundable.
Non-regular way
A trade made with stated conditions, such as a cash sale, which may have delivery and settlement terms that are different from the standard procedures.
Non-renounceable rights
An offer issued by a corporation to shareholders to purchase more shares of the corporation (usually at a discount).
Non-reproducible assets
A tangible asset with unique physical properties, like a parcel of land, a mine, or a work of art.
Non-resident alien
A person living and working in the United States who is not a US citizen or a permanent resident.
Non-risk trade
A term used by the London Stock Exchange to denote that a transaction was specifically for SEATS based segments only.
Non-sterilized intervention
Taking an action in the foreign exchange market without adjusting for changes in money supply.
Non-systematic risk
Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk or diversifiable risk. Systematic risk refers to risk factors common to the entire economy.
Non-taxable dividends
Dividends from a mutual fund or some other regulated investment company that are not taxed.
Non-taxpayer
Someone whose income falls below their annual personal tax allowance
Non-tradables
Goods and services produced and consumed domestically that are not close substitutes to import or export goods and services.
Non-voting stock
A security that does not entitle the holder to vote on the corporation's resolutions or elections.
PREVIOUS AND NEXT TERMS--------------------------------------
Non-competitive bid
In a Treasury auction, bidding for a specific amount of securities at the price, whatever it may turn out to be, equal to the average price of the accepted competitive bids.
Non-competitive tender
Offer by an investor to purchase Treasury securities at a price equivalent to the weighted average discount rate or yield of accepted competitive bids in a Treasury auction.
Non-contributory pension plan
A pension plan that is fully paid for by the employer, requiring no employee contributions.
Non-convertible currency
Any currency that is used primarily for domestic transactions and is not openly traded on a forex market, usually due to government restrictions on the currency which prevent it from being exchanged for foreign currencies.
Non-cumulative
Applies mainly to convertible securities. Type of preferred stock on which unpaid or Omitted dividends do not accrue.
Non-cumulative preferred stock
Non-current assets
Those that will not be consumed or turned into cash, but will be retained for more than one accounting period.
Non-current liability
A liability due in one year.
Non-deductible contribution
A contribution to either a traditional IRA or Roth IRA. Income tax is due on the contribution in the tax year for which the contribution is made.
Non-deliverable forward contracts (NDF)
Agreement regarding a position in a specified currency, a specified exchange rate, and a specified future settlement date, that does not result in delivery of currencies.
Non-directed order
A customer order where specific instructions are not given, by the customer to the broker, pertaining to its routing destination.
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This dictionary contains 24549 terms.
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