Financial Dictionary

This dictionary contains:
24549
financial terms

Protest




Protest

Instructions given to a collecting bank that drafts falling due for payment are to be formally presented to the drawee by a notary, who is to formally record any default.

RELATED TERMS
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Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.

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

Drawee
The party who is directed to pay as specified in a draft.

Record
Record is a Portuguese newspaper.

Default
1) The failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture. 2) In context of project financing, a technical default signals a project parameter is outside defined or agreed limits or a legal matter is not yet resolved.



SIMILAR TERMS
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Proteas de Inversiones, SICAV, S.A.
Proteas de Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment.

Protect
Assure the salesperson or trader that interest, buy or sell, will be attended to, given any change in the trading circumstances.

Protected fund
A type of mutual fund that guarantees an investor at least the initial investment, plus any capital gains, if it is held for the contractual term.

Protected strategy
A position that has limited risk. A protected short sale (short stock, long call) has limited risk, as does a protected straddle write (short straddle, long out-of-the-money combination).

Protectionism
The practice of restricting imports in order to increase the sales of domestic products.

Protective covenant
A part of an indenture or loan agreement that limits certain actions a company may take during the term of the loan to protect the lender's interests.

Protective Life
Protective Life is a top United States corporation in the field of insurance, and its estimated market value is 2,770 million US dollars.

Protective put buying strategy
A strategy that involves buying a put option on the underlying security that is held in a portfolio.

Protective stop
A strategy that aims to limit potential losses to a desired amount by using a stop-loss or stop-limit order.

PROTEOME Systems Limited
PROTEOME Systems Limited is a large Australian company in the field of health care equipment and services. Their Australian Stock Exchange (ASX) code is PXL.

Prothom Alo
Prothom Alo is a newspaper in Bangladesh.

Prototype plan
A qualified retirement plan sponsored by a financial institution.



PREVIOUS AND NEXT TERMS
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Protected strategy
A position that has limited risk. A protected short sale (short stock, long call) has limited risk, as does a protected straddle write (short straddle, long out-of-the-money combination).

Protectionism
The practice of restricting imports in order to increase the sales of domestic products.

Protective covenant
A part of an indenture or loan agreement that limits certain actions a company may take during the term of the loan to protect the lender's interests.

Protective put buying strategy
A strategy that involves buying a put option on the underlying security that is held in a portfolio.

Protective stop
A strategy that aims to limit potential losses to a desired amount by using a stop-loss or stop-limit order.

Protest

Prototype plan
A qualified retirement plan sponsored by a financial institution.

Provision for income taxes
An amount on the P & I statement that estimates a company's total income tax liability for the year.

Provisional call feature
A stipulation in a convertible issue that allows the issuer to call the issue during the noncall period if the price of the stock reaches a certain level. In the case of convertible securities, right of an issuer to accelerate the first redemption date if the underlying common should trade at or above a certain level for a sustained period.

Provisions
Money set aside in the accounts (and charged against profits' to provide against expected losses such as bad debts.

Proxy
Person granted power of attorney by a shareholder to vote for him or her at an annual general meeting.

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This dictionary contains 24549 terms.







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