Financial Dictionary

This dictionary contains:
24549
financial terms

RICO




RICO

Stands for Racketeer Influenced and Corrupt Organization Act. Legislation under-which inside traders may be convicted.



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Revocable trust
A trust that may altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death.

Revolving credit agreement
A legal commitment in which a bank promises to lend a customer up to a specified maximum amount during a specified period.

Revolving line of credit
A bank line of credit on which the customer pays a commitment fee and can take and repay funds at will. Normally a revolving LOC involves a firm commitment from the bank for a period of several years.

Reward to volatility ratio
Ratio of excess return to portfolio standard deviation.

Rich
Term for a security whose price seems too high in light of its price history.

RICO

Rider
A form accompanying an insurance policy that alters the policy's terms or coverage.

Riding the yield curve
Buying long-term bonds in anticipation of capital gains as yields fall with the declining maturity of the bonds.

Riegle Neal Interstate Banking and Branching Efficiency Act of 1994
Law permitting interstate banking in the U.S.

Rigged market
Manipulation of prices in a market to attract buyers and sellers.

Right
Privilege granted shareholders of a corporation to subscribe to shares of a new issue of common stock before it is offered to the public.

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This dictionary contains 24549 terms.







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