Globex is an electronic trading platform used for derivative, futures, options and commodity contracts across all classes of assets.

Fail occurs if a seller does not deliver securities or if a buyer does not pay owed funds by the date of the settlement.

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.

Non-cash item describes negotiable instrument, like a check or bank draft, which is deposited but can’t be credited until it clears the issuer's account.

Non-cash charge is a written down or accounting expense that does not need a cash payment.

Price-taker is a company or an individual who are to accept prevailing prices in a market, lacking the market share to influence market price on their own.

Par can refer to preferred or common stock, bonds or currencies, with different meanings depending on the context. 

Time Horizon, is the period of time one wants/expects to hold an investment until they need the money back.

A term sheet is a nonbinding agreement setting basic terms and conditions under which an investment is going to be made.

Voluntary conveyance is an elective transfer of title from one individual to another without proper consideration. 

Voluntary bankruptcy is a type of bankruptcy where an insolvent debtor brings the petition to a court to declare bankruptcy because they can’t pay off debts. 

Realized yield is the real return gained during the holding period for an investment. It includes dividends, interest payments, and so on.

The ratchet effect is a theory that once prices rise as an answer to a very high demand, they do not necessarily fall when that demand declines.

A tick size is the minimum movement of the price of a trading instrument.

Theory of price is an economic theory where the price for any goods or services is based on the relations between supply and demand.

A hara-kiri swap is an interest rate or cross-currency swap that is lacking profit potential for the originator. 

Halloween strategy, is a market-timing strategy based on the theory that stocks perform better between Oct. 31 and May 1 than they do through the rest of the year.

Indirect quote is a currency quotation in foreign exchange market that expresses the variable amount of foreign currency needed to purchase or sell off fixed units of domestic currency.

International finance is a section of financial economics dealing with monetary interactions occuring between two or more countries. 

Dove is an economic policy advisor who promotes low interest rates monetary policies.