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Tail
TailThe remaining reserves after a project financing has been repaid. Sometimes refers to the residual value. RELATED TERMS-------------------------------------- Reserves Money set aside out of profits, rather than distributed to shareholders; a central bank's holdings of gold, foreign currencies, and IMF drawing rights. Project The asset constructed with or owned via a project financing, which is expected to produce cash flow at a debt-service coverage ratio sufficient to repay the project financing. Value The worth or desirability of something expressed as an amount of money. SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT TERMS-------------------------------------- T+3 The settlement date for securities transactions such as a stock sale. It refers to the obligation in the brokerage business to settle securities trades by the third day following the trade date. Tabulation report A proxy tally report detailing the current quorum and vote figures on each proposal. Tactical asset allocation (TAA) Portfolio strategy that allows active departures from the normal asset mix according to specified objective measures of value. Taft-Hartley Act A Federal law that was enacted in 1947 that prohibited certain union practices and required improvement in union disclosure of financial and political dealings. Tag-along rights A contractual obligation used to protect a minority shareholder (usually in a venture capital deal). Tail Tailgating Purchase of a security by a broker after the broker places an order for the same security for a customer. Taiwan Stock Exchange (TSEC) Established in 1961, the only centralized securities market in Taiwan. Take 1) To agree to buy. A dealer or customer who agrees to buy at another dealer's offered price is said to take the offer. 2) Euro bankers speak of taking deposits rather than buying money. Take a bath To sustain a loss on either a speculation or an investment. Take a flier To speculate on highly risky securities. We thank you for using the Financial Dictionary to search for Tail. If you have a better definition for Tail than the one presented here, please let us know by making use of the suggest a term option. This definition of Tail may be disputed by other professionals. Our attempt is to provide easy definitions on Tail and any other medical topic for the public at large.
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