Maturity dates of less than three years on a yield curve . Refer to belly of the curve and long end.

A custom of bankers of entering on the customer’s pass-book the amount of notes deposited for collection, in such a manner that the amount is not car- ried to the […]

A standard US 2 paragraph report where the opening paragraph outlines what the auditor has completed and the following paragraph shows the findings from the audit.

A B/L that has no conditions or terms of carriage that are printed on the reverse.

A merger with a subsidairy firm that can occur without the approval of shareholders.

When a short position is used to protect the long position . Refer to long hedge.

The percentage of shares sold short that a firm holds indicating an expected increase or decline in the market.

The short interest thta is then divided by a stock’s avarage daily traded volume. It shows the number of days a short seller would take to buy shares that are […]

A term applied colloquially, but without much precision, to a lease for a short term, (as a month or a year,) as distinguished from one running for a long period.

a feature of GSM or Global Dsytem for Mobile Communications . It lets cell phones send and receive 160 bytes or about 160 characters long alpha-numeric messages or it can […]

ters and mariners; and the law relating to ship-brokers, ship-agents, pilots, etc.

A position this is borrowed or sold that benefits from depreciation . When repurchased in the market profit is made. AKA short. Refer to long position , naked short, short […]

a term that describes the agreement between the insurer an the insured to cancel a policy and make a new policy.

A cancellation type where the insured does not get refunded a proportion to the number of days that are left on a policy.

A premium that is associated with a policy that is issued for a short term that is less than the usual term.

A time during which only some variables can be changed as time is short.

The sale of a short position . The market price will decline. Refer to short naked shorting .

An SEC ruling that will prohibit the initiating of a short sale at lower prices than a previous sale. It is to prevent panic that is responsible for a market […]

An individual that encourages a short sale. This is done assuming the price will decline.

A profit made from an anticipated drop in commodity prices by borrowing money and selling them now, or by selling a “firm promise” and deliver it at a later date. […]

Cargo that has not been completely loaded onto a ship or plane but is till on the bill of lading or air way bill.

When a group or institution buy a portion of an asset to cause their prices to go up. This way the short position has to cover it. Refer to bear […]

A strategy used in options trading where a short position is taken at the same time a s a call option and a short option on the same asset. The […]

A process, authorized in some of the states, to be issued against an absconding, fraudulent, or nonresident debtor, which is returnable within a less number of days than an ordinary […]

A situtaion that arised in a market where demand has exceeded expectations and stock that is able to be supplied.