What members write about us: 30.01.2019
- Anna K.
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Style drift is the divergence or difference of a fund from its investment style or from its goal. Style drifts are often the results of capital appreciation. Can also be a result of a change in the management of the fund.
Discount bond is a type of bond that is issued and sold for less than its face or par value. It can also refer to a bond that is currently traded for less than it is worth in the secondary market. Similar to zero-coupon bonds, although discount bonds also have an interest payment.
Envelope is a technical indicator that is plotted over a price with upper and lower bounds. Commonly envelope can be seen as a moving average that is presented in a form of two moving averages which in their turn define upper and lower price range levels.
Relisted is the company that after a while returned it shares for public trading. Sometimes companies take their shares off the market if trading fails to be satisfactory or they just prefer not to be traded publically because of the bad market condition.
Unrestricted cash refers to the monetary assets which are not tied to anything and have no particular usage. It can be used for anything as it is not saved for anything in particular. Companies usually keep unrestricted cash in order to balance sheets.
Mothballing is an attempt to save financial assets with the aim to use them later. Can also refer to an attempt to set aside an idea or an object for a later use and implementation.
Transfer risk is a threat that the domestic currency cannot be converted of exchanged into another currency due to rapidly changing exchange rate and nominal value of domestic currency. Also known as conversion risk.
Workout market is an estimation of the adjustment of market prices in the nearest future. The prediction is known as market maker prediction.