Mom-and-pop is a term used to describe small and family-owned establishments. They often struggle to compete with the big competitions.

 

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K is a fifth letter that can be attached to NASDAQ stock symbol in order to note that the stock has no voting rights.

 

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Out trade is a trade that can’t be placed because due to receiving conflicting information. The clearing house can’t settle the trade as data submitted by both parties of the transaction is either inconsistent or contradictory.

 

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Paid-up is a status of a customers who has made all of the payments on the security purchase. When trader is all paid-up they have fulfilled absolutely all of the payments on the security.

 

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