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Set aside
Set asideA percentage of a municipal or corporate bond underwriting that is allocated for handling by a minority-owned broker-dealer firm. RELATED TERMS-------------------------------------- Bond Certificate, stating that the issuer is committing himself to repay the loan, including interest and other payments, to the holder. Underwriting A bank or other financial institution's guarantee to a company that it will buy a certain number of shares in a company's new issue or rights issue, should the issue not be fully subscribed by other investors. Firm 1) Refers to an order to buy or sell that can be executed without confirmation for some fixed period. 2) A synonym for company. SIMILAR TERMS-------------------------------------- Set of contracts perspective View of corporation as a set of contracting relationships among individuals who have conflicting objectives, such as shareholders or managers. The corporation is a legal construct that serves as the nexus for the contracting relationships. Set up Applies mainly to convertible securities. Arbitrage involving going long the convertible and short a certain percentage of the underlying common. PREVIOUS AND NEXT TERMS-------------------------------------- Series bond Bond that may be issued in several series under the same indenture document. Series E bond A local and state tax-free bond issued by the U.S. government from 1941 to 1979, which was then replaced by Series HH bonds. Service (a debt) To make regular interest payments. Service charge A component of some finance charges, such as the fee for triggering an overdraft checking account into use. Services Activities offered for sale to customers, (advice, transport, banking, insurance, restaurants, hotel rooms, etc.) Set aside Set of contracts perspective View of corporation as a set of contracting relationships among individuals who have conflicting objectives, such as shareholders or managers. The corporation is a legal construct that serves as the nexus for the contracting relationships. Set up Applies mainly to convertible securities. Arbitrage involving going long the convertible and short a certain percentage of the underlying common. Setoff Money held on behalf of a borrower that may be applied to repay the loan, but usually without the permission of the borrower. Settle To pay a debt or bill or account. Settle price An average of the trading prices in the futures market during the last few minutes of trading. We thank you for using the Financial Dictionary to search for Set aside. If you have a better definition for Set aside than the one presented here, please let us know by making use of the suggest a term option. This definition of Set aside may be disputed by other professionals. Our attempt is to provide easy definitions on Set aside and any other medical topic for the public at large.
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