- Industria: Financial services
- Number of terms: 73910
- Number of blossaries: 1
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A type of mortgage in which a homeowner borrows against the value a home, while retaining title, and making no payments while residing in the home. When the owner ceases living in the house, the property is sold, and the loan repaid.
Industry:Financial services
Legislation passed in 1940 requiring financial advisers to register with the Securities and Exchange Commission. The measure was enacted to protect the public from fraud or misrepresentation by investment advisers.
Industry:Financial services
Trading post on NYSE floor where inactive, lightly traded stocks are traded in 10-share lots as opposed to 100-share lots.
Industry:Financial services
A business that specializes in providing investment advice for a fee. All advisers of an advisory service must be registered with the Securities and Exchange Commission.
Industry:Financial services
A security that trades in very small volume on a daily basis. See:: Illiquid.
Industry:Financial services
An contract specifying the rights and responsibilities of a host government and a corporation in the structure and operation of an investment project.
Industry:Financial services
An increase in securities prices, as shown by some economic indicator.
Industry:Financial services