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Banking

Out-Firm Quote

A firm quote (aka, bona fide quote) that will be firm (i.e., be holding) for a specified period, usually an...

Bona Fide Quote

A displayed quote representing a bid to buy or offer to sell a specific quantity of a security (or any...

Firm for One-Half Hour with a 5 Min Recall

A quote whereby a selling dealer has to stick to the price "quoted" for one-half hour, but still has the...

Broad-Based Index

An index that is composed of securities that represent the overall market. The index includes a sufficiently diverse set of...

Big-Cap Stock

A stock that is issued by a very large company, specifically with a market capitalization of ranging between $5-10 billion.…

Bulletin Board Company

A company that is not large enough, or financially sound enough to qualify for listing on the major exchanges such…

Blank Stock

Stock for which voting powers, preferences, and other rights are decided by the issuing firm’s board of directors after the…

Broader Market

The situation or movement of the market as a whole, rather than a certain industry, sector, stock, etc. For example,…

Warrant

A certificate that is issued by a company granting the right to the holder to buy a specific number of…

Black Tuesday

It was October 29, 1929, the day the New York Stock Exchange crashed as stocks lost 13% of their value.…