Financial Dictionary

This dictionary contains:
24549
financial terms

Setoff




Setoff

Money held on behalf of a borrower that may be applied to repay the loan, but usually without the permission of the borrower.

RELATED TERMS
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Money
A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc.

Loan
Something lent (usually money) that will have to be given or paid back (usually with interest).

Without
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".



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



PREVIOUS AND NEXT TERMS
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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
A percentage of a municipal or corporate bond underwriting that is allocated for handling by a minority-owned broker-dealer firm.

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

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.

Settlement
When payment is made for a trade.

Settlement date
The date on which payment is made to settle a trade. For stocks traded on US exchanges, settlement is currently three business days after the trade. For mutual funds, settlement usually occurs in the US the day following the trade. In some regional markets, foreign shares may require months to settle.

Settlement options
The various possibilities open to a beneficiary under a life insurance policy as to how the benefit will be paid out.

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This dictionary contains 24549 terms.







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