Author: todorm

A type of preferred stock that does not pay stockholders any unpaid or omitted dividends

A bid made by a small investor to purchase a debt issue that has its price based on the average price of all competitive bids submitted.

A financial security that cannot be redeemed early by the issuer. The only way around that is to pay a penalty.

A name that is used by the corporation as a generic registered owner on a stock or bond certificate.

The nominal yield is the coupon rate on a bond.

Information or activity that confuses or misrepresents genuine underlying trends.

A mutual fund in which shares are sold without a commission or sales charge.

Shares that are sold without a commission or sales charge

A security that is tradeable but that originally posed no cost to the seller.

The New York Stock Exchange is the world’s largest equities-based exchange in terms of total market capitalisation.