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Banking

Aftermarket Support

The support that brokerage firms and market makers and their customers provide to a public offering that has resulted from...

Accumulated OCI

The amount of other comprehensive income (OCI) that is accumulated by a firm over a period of time. Accumulated other...

Accumulated Other Comprehensive Income

The amount of other comprehensive income (OCI) that is accumulated by a firm over a period of time. Accumulated other...

Total Comprehensive Income

The summation of net income and other comprehensive income. It is the change in equity during a period that is...

Basket Algo

A trading algo (algorithm) that is used by electronic traders to execute orders on a basket of securities simultaneously (i.e.,...

Other Comprehensive Income

The income (revenue and expense items) that results from changes in net assets that involve no transactions with owners, and...

OCI

It stands for other comprehensive income; the income (revenue and expense items) that results from changes in net assets that...

NRV

It stands for net realizable value; the net monetary amount that would be received if an asset is sold today...

Net Realizable Value

The net monetary amount that would be received if an asset is sold today in the ordinary course of business...

Floating-Rate Preferred Stock

A preferred stock whose dividend is readjusted at specified periods based, for example, on the maximum of a set of...