To liquidate means to convert into cash in the conditions of an open market.

Market value is the value of the product that would be assigned to it should it enter the market.

Hammer candlestick appears on a chart when the asset trades much lower than its opening but surges within the period to close near opening price. These moves form hammer-shaped candlestick where the lower shadow is at least twice as big as the body of the stick itself.

An offsetting change in margin account, made in the span of one trading day, that results in no overall change in the account value is called same-day substitution. When it is made, there is no need for generating a margin call.

Delivery is the action of transferring a commodity, currency, cash or another trading asset which is the subject of sales contract, is tendered to and is received by the buyer of said asset. Delivery can be deemed finished only when the asset is received by the buyer.

Regret avoidance is a theory that works off of the traders’ refusal to admit their failure in investment decision. In other words, refusal to admit poor and possibly failed investment that led to losses.

Cabinet crowd is a name for a group of brokers in NYSE who deal with inactive binds. Trading them is very light which usually results in a broad bid-ask spread and low liquidity.

Loan servicing is a period of time and combination of actions which can be observed after the loan is given out right up until the moment it is fully paid off. The process includes sending and collecting monthly payments, maintaining records of said payments, balancing the account, collecting and paying taxes and insurance and so on.

State bank Is a financial institution that is created to service commercial banks. It is NOT the same institution as central or reserve banks which are created to monitor monetary policies of the state.

Moofer is an abbreviation that stands for ‘mobile out of office worker’. It refers to the employee who does not need an office to work and can generally do their job anywhere where there is wi-fi connection.