Fail occurs if a seller does not deliver securities or if a buyer does not pay owed funds by the date of the settlement.
AWARDS
Less than one full share of equity is a fractional share. They may be the result of stock splits, dividend reinvestment plans, or other corporate actions.
A falling knife is a colloquial term for a sudden and swift drop in the price or value of a security.
A fallen angel is a bond that was given investment-grade rating but has been reduced to junk bond due to the weakening financial condition of the issuer.
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