Haircut is a term that refers to the difference in prices at which a market maker can purchase and sell a security. The name of the term comes from the fact that traders can execute trades on a very thin spread.
AWARDS
Hard dollar is a cash payment made by an investor or a customer to a brokerage firm for their services. Regularly the total amount of payment is set and known to both of the sides before the deal even occurs.
An interesting stock index that includes all of the companies which are connected to the Harry Potter book series. It was created in order to capture the success of the books, movies and everything else, connected to the wizard boy.
To haggle is a process that involves two parties of the transaction trying to negotiate the best price possible. The buying side is trying to lower the price as much as possible and the selling side is trying to leave the price as high as possible. the process of haggling can go on until the price is negotiated and accepted by both of the sides.
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