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| This dictionary contains: 24549 financial terms |
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Not held order (NH order)
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Not held order (NH order)Applies mainly to international equities. Market or limit order in which the customer does not desire to transact automatically at the inside market (market held) but instead has given the trader or floor broker (listed stock) time and price discretion in transacting on a best-efforts basis.
RELATED TERMS--------------------------------------
Market
1) The total demand for a good. 2) The set of all actual and potential buyers of a good or service. 3) The place where people buy and sell. 4) The process by which buyers and sellers of goods, services and factors of production interact to determine prices and quantifies.
Order
Instruction to a broker-dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified.
Trader
Person or organization that earns money by buying goods, commodities, securities, etc. and selling them at a profit.
Floor
1) The area of a stock exchange where active trading occurs. 2) The price at which a stop order is activated (when the price drops low enough to activate such an order). 3) In context of interest rates, a level which an interest rate or currency is structured not to go below.
Price
The cost of a good or service to the consumer.
Discretion
Freedom given to the floor broker by an investor to use his judgment regarding the execution of an order. Discretion can be limited, as in the case of a limit order that gives the floor broker some distance from the stated limit price to use his judgment in executing the order.
Basis
The price an investor pays for a security plus any out-of-pocket expenses. It is used to determine capital gains or losses for tax purposes when the stock is sold.
SIMILAR TERMS--------------------------------------
Not a name with us
Refers to over-the-counter trading. Not a registered market maker in the security, especially in OTC and convertibles, or having nothing real to do.
Not for profit
An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses.
Not negotiable
Words written on a bill of exchange or cheque which should prevent encashment following theft.
Not rated
A rating service indicator, neither positive nor negative, showing that a security or company has not been rated.
Not sufficient funds check
A bank check having insufficient funds to back it.
PREVIOUS AND NEXT TERMS--------------------------------------
North American Free Trade Agreement (NAFTA)
A regional trade pact among the United States, Canada, and Mexico.
North American Securities Administrators Association
A voluntary organization, established in 1919, of securities regulators whose aim is to protect investors who buy securities or investment advice by educating the public, investigating violations of state and provincial law and filing enforcement actions.
Nostro account
An account that a bank holds with a foreign bank.
Not a name with us
Refers to over-the-counter trading. Not a registered market maker in the security, especially in OTC and convertibles, or having nothing real to do.
Not for profit
An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses.
Not held order (NH order)
Not negotiable
Words written on a bill of exchange or cheque which should prevent encashment following theft.
Not rated
A rating service indicator, neither positive nor negative, showing that a security or company has not been rated.
Not sufficient funds check
A bank check having insufficient funds to back it.
Note
Debt instruments with initial maturities longer than one year and shorter than 10 years.
Note against bond spread
A spread within futures contracts created by offsetting positions in 30-year treasury bond futures with positions in 10-year treasury note contracts.
RELATED TERMS--------------------------------------
Market
1) The total demand for a good. 2) The set of all actual and potential buyers of a good or service. 3) The place where people buy and sell. 4) The process by which buyers and sellers of goods, services and factors of production interact to determine prices and quantifies.
Order
Instruction to a broker-dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified.
Trader
Person or organization that earns money by buying goods, commodities, securities, etc. and selling them at a profit.
Floor
1) The area of a stock exchange where active trading occurs. 2) The price at which a stop order is activated (when the price drops low enough to activate such an order). 3) In context of interest rates, a level which an interest rate or currency is structured not to go below.
Price
The cost of a good or service to the consumer.
Discretion
Freedom given to the floor broker by an investor to use his judgment regarding the execution of an order. Discretion can be limited, as in the case of a limit order that gives the floor broker some distance from the stated limit price to use his judgment in executing the order.
Basis
The price an investor pays for a security plus any out-of-pocket expenses. It is used to determine capital gains or losses for tax purposes when the stock is sold.
SIMILAR TERMS--------------------------------------
Not a name with us
Refers to over-the-counter trading. Not a registered market maker in the security, especially in OTC and convertibles, or having nothing real to do.
Not for profit
An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses.
Not negotiable
Words written on a bill of exchange or cheque which should prevent encashment following theft.
Not rated
A rating service indicator, neither positive nor negative, showing that a security or company has not been rated.
Not sufficient funds check
A bank check having insufficient funds to back it.
PREVIOUS AND NEXT TERMS--------------------------------------
North American Free Trade Agreement (NAFTA)
A regional trade pact among the United States, Canada, and Mexico.
North American Securities Administrators Association
A voluntary organization, established in 1919, of securities regulators whose aim is to protect investors who buy securities or investment advice by educating the public, investigating violations of state and provincial law and filing enforcement actions.
Nostro account
An account that a bank holds with a foreign bank.
Not a name with us
Refers to over-the-counter trading. Not a registered market maker in the security, especially in OTC and convertibles, or having nothing real to do.
Not for profit
An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses.
Not held order (NH order)
Not negotiable
Words written on a bill of exchange or cheque which should prevent encashment following theft.
Not rated
A rating service indicator, neither positive nor negative, showing that a security or company has not been rated.
Not sufficient funds check
A bank check having insufficient funds to back it.
Note
Debt instruments with initial maturities longer than one year and shorter than 10 years.
Note against bond spread
A spread within futures contracts created by offsetting positions in 30-year treasury bond futures with positions in 10-year treasury note contracts.
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This dictionary contains 24549 terms.
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