Agency Basis Compensation method for program trade broker based only on commission derived through bids called for from various brokerages. … [Read more...]
Agency Incentive Arrangement.
Filed Under: a by
Agency Incentive Arrangement. Compensation method for program trade broker where commissions are determined based on benchmark prices for issues that will be traded. … [Read more...]
Agency Cost View
Filed Under: a by
Agency Cost View Concept that various agency costs give rise to a complex environment wherein total agency costs are minimum with some, but lower than 100%, financing through debt. … [Read more...]
Agency Costs
Filed Under: a by
Agency Costs Costs incremental to conventional costs that arise from having an agent representing the principal make decisions. … [Read more...]
Agency Cross
Filed Under: a by
Agency Cross Also termed dual Agency. Trade with one agent acting for both buyer and seller. … [Read more...]
Agency Pass-Throughs
Filed Under: a by
Agency Pass-Throughs Pass-through mortgage securities wherein payment of principal/ interest is guaranteed by government agencies. Government National Mortgage Association (" Ginnie Mae "), Federal National Mortgage Association (" Fannie Mae"), Federal Home Loan Mortgage Corporation … [Read more...]
Agency Problem
Filed Under: a by
Agency Problem Clash of interest among managers, bondholders and stockholders. … [Read more...]
Agency Theory
Filed Under: a by
Agency Theory Assessment of principal and agent relationships, whereby the agent, represents the principal, that may be an individual or entity. … [Read more...]
Agent
Filed Under: a by
Agent Individual who makes decisions in a relationship between principal and agent. … [Read more...]
Aggregation
Filed Under: a by
Aggregation Corporate financial planning process whereby small investment proposals are grouped and treated as one investment . … [Read more...]
Aging Schedule
Filed Under: a by
Aging Schedule Accounts receivable table split up into age categories to check if customer repayments are happening on schedule. The classifications may be as follows: 0-30 days, 30-60 days, 60-90 days … [Read more...]
Agio
Filed Under: a by
Agio Refers to bond premium when market value of the bond exceeds par value. In worldwide markets, the term also refers to a fee charged for undertaking a transaction. … [Read more...]
All Equity Rate
Filed Under: a by
All Equity Rate Rate of discount reflecting solely business risks in a project and abstracts from the financing effects. … [Read more...]
All or None
Filed Under: a by
All or None Stipulation that no part of an order is to be executed unless the order can wholly be executed at a price specified previously. … [Read more...]
All-or-none Underwriting
Filed Under: a by
All-or-none Underwriting Arrangement for cancellation of security issue in case resale of the entire issue is not possible by its underwriter. … [Read more...]
All Risks
Filed Under: a by
All Risks Insurance coverage excluding only those risks specifically outlined in the insurance contract. Any risk not specifically omitted in the contract is automatically covered. … [Read more...]
Alpha
Filed Under: a by
Alpha Tool to evaluate selection risk or residual risk in a mutual fund when compared with the market. Positive alpha represents the additional return given to investors in exchange for risk, instead of settling for market return. An alpha of 0.5 shows that the fund outperformed the … [Read more...]
Alpha Equation
Filed Under: a by
Alpha Equation Fund alpha is calculated as: [ (sum of y) -((b)(sum of x)) ] / n Here: n =number of observations (36 months) b = fund beta x = return rate for the S&P 500 y = return rate for the fund … [Read more...]
Alternative Mortgage Instruments
Filed Under: a by
Alternative Mortgage Instruments Variants of mortgage instruments. For example graduated-payment mortgages, adjustable rate mortgages and variable rate mortgages, reverse-annuity mortgages. … [Read more...]
