Financial Dictionary

This dictionary contains:
24549
financial terms

Statutory debt limit




Statutory debt limit

The cap that Congress imposes on the amount of public debt that may be outstanding whether temporary or permanent.

RELATED TERMS
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Public
Assets that can be traded in a public market, such as the stock market.

Debt
Money borrowed.

Outstanding
1) Of a debt: unpaid, remaining to be paid. 2) Of a person or other entity: remarkable, excellent, superior, etc.



SIMILAR TERMS
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STATE & PARISH EMPLOYEES Credit Union
STATE & PARISH EMPLOYEES is a credit union with head office in NEW ORLEANS, LA

STATE AGENCIES Credit Union
STATE AGENCIES is a credit union with head office in SHREVEPORT, LA

State and local government series (SLUGs)
Special nonmarketable certificates, notes, and bonds offered to state and local governments as a means to invest proceeds from their own tax-exempt financing.

State bank
A bank authorized in a specific state by a state-based charter, with generally the same functions as a national bank.

State Bank of India Group
State Bank of India Group is a top Indian corporation in the field of banking, and its estimated market value is 8,620 million US dollars.

STATE COLLEGE Credit Union
STATE COLLEGE is a credit union with head office in STATE COLLEGE, PA

STATE CS EMPLOYEES Credit Union
STATE CS EMPLOYEES is a credit union with head office in WATERTOWN, NY

STATE DEPARTMENT Credit Union
STATE DEPARTMENT is a credit union with head office in ALEXANDRIA, VA

STATE EMPLOYEES Credit Union
STATE EMPLOYEES is a credit union with head office in ALBANY, NY

State Farm Bank
A United States bank with head office in Bloomington, Illinois.

STATE FARM CALIFORNIA Credit Union
STATE FARM CALIFORNIA is a credit union with head office in BAKERSFIELD, CA

STATE FARM CENTRAL Credit Union
STATE FARM CENTRAL is a credit union with head office in COLUMBIA, MO

STATE FARM FLORIDA Credit Union
STATE FARM FLORIDA is a credit union with head office in WINTER HAVEN, FL

STATE FARM GREAT LAKES Credit Union
STATE FARM GREAT LAKES is a credit union with head office in BLOOMINGTON, IL

STATE FARM GREAT WESTERN Credit Union
STATE FARM GREAT WESTERN is a credit union with head office in TEMPE, AZ

STATE FARM HEARTLAND Credit Union
STATE FARM HEARTLAND is a credit union with head office in LINCOLN, NE

STATE FARM MID-AMERICA Credit Union
STATE FARM MID-AMERICA is a credit union with head office in NEWARK, OH

STATE FARM MID-ATLANTIC Credit Union
STATE FARM MID-ATLANTIC is a credit union with head office in FREDERICK, MD

STATE FARM NORTHEAST Credit Union
STATE FARM NORTHEAST is a credit union with head office in BALLSTON SPA, NY

STATE FARM PACIFIC NORTHWEST Credit Union
STATE FARM PACIFIC NORTHWEST is a credit union with head office in DUPONT, WA

STATE FARM SOUTHERN Credit Union
STATE FARM SOUTHERN is a credit union with head office in DULUTH, GA

STATE FARM TEXAS Credit Union
STATE FARM TEXAS is a credit union with head office in AUSTIN, TX

STATE HIGHWAY PATROL Credit Union
STATE HIGHWAY PATROL is a credit union with head office in COLUMBUS, OH

State Street
State Street is a top United States corporation in the field of banking, and its estimated market value is 14,630 million US dollars.

State Street Bank and Trust Company
A United States bank with head office in Boston, Massachusetts.

State tax exempt income fund
A mutual fund that seeks current income exempt from federal and a specific state's income taxes.

STATE UNIVERSITY OF NY GENESEO Credit Union
STATE UNIVERSITY OF NY GENESEO is a credit union with head office in GENESEO, NY

Stated annual interest rate
The interest rate expressed as a per year percentage, by which interest payments are determined.

Stated conversion price
At the time of issuance of a convertible security, the price the issuer effectively grants the security holder to purchase the common stock, equal to the par value of the convertible security divided by the conversion ratio.

Stated maturity
For the CMO tranche, the date the last payment would occur at zero CPR.

Stated value
A monetary worth figure that bears no relation to market value that is assigned, for accounting purposes, to stock for use instead of par value.

Statement
A document listing amounts of money owing or owed.

Statement billing
Billing method in which the sales for a period such as a month (for which a customer also receives invoices) are collected into a single statement, and the customer must pay all the invoices represented on the statement.

Statement of Additional Information (SAI)
A document provided as a supplement to a mutual fund prospectus. It provides more detailed information about fund policies, operations, and risks. Also known as a Part B prospectus.

Statement of Cash Flows
A financial statement showing a firm's cash receipts and cash payments during a specified period.

Statement of cash flows method
A method of cash budgeting that is organized along the lines of the statement of cash flows.

Statement of condition
A document describing the status of assets, liabilities, and equity of a person or business at a particular time.

Statement of Financial Accounting Standards No. 52
The currency translation standard currently used by US firms. It mandates the use of the current rate method.

Statement of Financial Accounting Standards No. 8
The is a currency translation standard once used by U.S. accounting firms.

Statesman
Statesman is an Indian newspaper.

STATESMAN Credit Union
STATESMAN is a credit union with head office in BOISE, ID

STATEWIDE Credit Union
STATEWIDE is a credit union with head office in FLOWOOD, MS

Static return
The return that an investor would make on a particular position if the underlying stock were unchanged in price at the expiration of the options in the position.

Static theory of capital structure
Theory that the firm's capital structure is determined by a trade-off of the value of tax shields against the costs of bankruptcy.

Stationary time series
A longitudinal measure in which the process generating returns is identical over time.

Statistical arbitrage
In the context of hedge funds, a style of management that employs complex statistical models that try to capture small abnormalities in a security's intraday return.

Statistical tracking error
Used in the context of general equities. Standard deviation of the difference between the portfolio return and the desired investment benchmark return.

Statoil Group
Statoil Group is a top Norwegian corporation in the field of oil and gas operations, and its estimated market value is 39,440 million US dollars.

Statutory investment
An investment that a trustee is authorized to make under state law.

Statutory merger
A merger in which one corporation remains as a legal entity, instead of a new legal entity being formed.

Statutory surplus
The surplus of an insurance company determined by the accounting treatment of both assets and liabilities as established by state statutes.

Statutory voting
The standard rule in most corporations that there is one vote per share in elections of the Board of Directors.



PREVIOUS AND NEXT TERMS
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Static return
The return that an investor would make on a particular position if the underlying stock were unchanged in price at the expiration of the options in the position.

Static theory of capital structure
Theory that the firm's capital structure is determined by a trade-off of the value of tax shields against the costs of bankruptcy.

Stationary time series
A longitudinal measure in which the process generating returns is identical over time.

Statistical arbitrage
In the context of hedge funds, a style of management that employs complex statistical models that try to capture small abnormalities in a security's intraday return.

Statistical tracking error
Used in the context of general equities. Standard deviation of the difference between the portfolio return and the desired investment benchmark return.

Statutory debt limit

Statutory investment
An investment that a trustee is authorized to make under state law.

Statutory merger
A merger in which one corporation remains as a legal entity, instead of a new legal entity being formed.

Statutory surplus
The surplus of an insurance company determined by the accounting treatment of both assets and liabilities as established by state statutes.

Statutory voting
The standard rule in most corporations that there is one vote per share in elections of the Board of Directors.

Staying power
The ability of an investor to stay in the market and not to sell out of a position when an investment has fallen in value.

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This dictionary contains 24549 terms.







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