Dictionary

Term Of The Day

Zero Uptick

A transaction executed at the same price as the trade immediately preceding it, but at a price higher than the transaction before that. For example, if shares are bought and sold at $47, followed ...
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Related to 'Zero Uptick'

After-Acquired Collateral

Collateral for a loan obtained after the borrower has already entered into a loan agreement. The necessity for after-acquired collateral arises when the borrower has insufficient ...
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Tight Market

A market with narrow bid-ask spreads. A tight market for a security or commodity is characterized by abundant liquidity and frenetic trading activity. Intense price competition on ...
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Fudget

A falsified statement of income and expenses. A fudget or "fudget budget" fudges the numbers to present a more attractive picture of a budget than the financial situation that really ...
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Tokyo Commodity Exchange - TOCOM

The largest marketplace in Japan, and one of the largest marketplaces in the world, for the buying and selling of raw or primary goods, such as natural resources. The Tokyo Commodity ...
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Smokestack Industry

Heavy manufacturing industries with factories that generally have banks of chimney stacks emitting smoke into the atmosphere. A smokestack industry is usually viewed by ...
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