Archives for 2010

Book Runner

Book Runner Underwriter designated for managing a new issue, who maintains the record of total sale of securities. … [Read more...]

Book Transfer

Book Transfer Transferring funds between deposit accounts held in the same financial institution. Eliminates check clearing float. … [Read more...]

Book Value

Book Value For a company, total assets less intangible assets and liabilities (for example, debt). Book value may differ from market value of the company. … [Read more...]

Book Value Per Share

Book Value Per Share Stockholder equity as compared with average number of common shares expressed as a ratio. Book value per share reflects accounting valuation and is not necessarily a true market value. … [Read more...]

Book Entry Securities

Book Entry Securities Changeover to a system where computerized records are held for all securities by the Fed in the names of all banks that are members. These banks hold records for the securities owned by them and those owned by their customers. Where book-entry has been in … [Read more...]

Bootstrapping

Bootstrapping Creation of a theoretical curve representing spot rates, basing yield of a maturity on yield projection for the previous one. … [Read more...]

Borrow

Borrow Receiving money on loan on basis of a promise or commitment to pay it back. … [Read more...]

Borrower Fallout

Borrower Fallout A kind of mortgage pipeline risk that potential borrowers of loans that are committed to be terminated may pull out of the contract. … [Read more...]

Bottom

Bottom Lowest possible price of a financial security, index, commodity or economic cycle during a given time frame, followed by a consistent increase. … [Read more...]

Bottom Up Equity Management Style

Bottom Up Equity Management Style Style of management that puts less emphasis on the impact of market cycles and economic cycles and gives great importance to individual stock analysis. … [Read more...]

Bought Deal

Bought Deal Issues where the securities are entirely bought by one or two underwriters. … [Read more...]

Bourse

Bourse French term denoting stock markets, now used commonly in all markets worldwide. … [Read more...]

Bracket

Bracket Denotes the degree of commitment of an underwriter in new issues. Brackets are classified as minor or major. … [Read more...]

Brady Bonds

Brady Bonds Emerging country bonds issued as a part of a program of debt reduction. … [Read more...]

Branch

Branch Operations incorporated in one country that is home, but carried out overseas. … [Read more...]

Break

Break Steep, quick fall in price. … [Read more...]

Break Even Analysis

Break Even Analysis Analyzing the level of sales where zero profit would be generated by a project. … [Read more...]

Break Even Lease Payment

Break Even Lease Payment Payment pertaining to a lease wherein a party to a new lease is equally balanced in making the decision to enter into or not enter into the agreement. … [Read more...]

Break Even Payment Rate

Break Even Payment Rate Rate at which a MBS coupon will be prepaid so that it gives the same CFY that a given benchmark MBS coupon would. For coupons exceeding the benchmark coupon, this helps determine the rate of prepayment that gives the same CFY as benchmark coupon. For coupons … [Read more...]

Break Even Tax Rate

Break Even Tax Rate Rate of tax at which one party to any eventual transaction is equally balanced between the decision to or not to enter into the transaction. Above this rate the transaction becomes unviable. … [Read more...]