A class of stocks that have specific restrictions, usually imposing a vesting period on holders or limiting or excluding their...

A unit pack (lot) of shares the size of which varies according to the price of a share. It is...

The total commission costs for both sides of a trade: the sell order and the buy order. These costs are...

The process of two-way switching between risky and risk-free investments depending on or in reaction to risk sentiment as perceived...

An offering that allows an issuer's existing shareholders to purchase a pro-rata amount of additional shares (also referred to as...

A form of VWAP (volume-weighted average price) that is calculated based on daily transactions. In other words, it is the...

A type of underwriting in which an investment bank commits to a worst-case price, just contrary to a bought deal...

A rights offering which doesn't involve a backstop commitment party, or standby purchaser. Effectively, the issuer only sells the number...

An execution order (specifically a tick-senstitive order) that triggers the purchase or sale of securities if the market moves down...

A corporate stock which is relatively insensitive to the business cycle, i.e., it is immune to economic upturns and downturns....