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Banking

First Day Close

The closing price for an initial public offering (IPO) on the first day its securities trade on an exchange (secondary…

Foreign Shell Corporation

A shell corporation that conducts business transactions such as currency and asset transfers across the borders of its country of…

Filing Statement

A disclosure document that a listed company submits to a regulator, conveying information about major/ material changes in its business...

Float

The total number of shares of stock that a company has issued for public trading or has at a moment...

Fallen Angel

A financially sound firm that has gone public, and then its stock is trading below the price level set in...

Firm Commitment Underwriting

A public offering of securities whereby the underwriter pledges to purchase all securities offered by a company at a special...

Fully Reporting Company

In the United States, it is a company which is required to file periodic and current reports with the relevant...

Forward Stock Split

A stock split by which each share of a company's stock is increased on a pro rata basis among all...

Forward Triangular Merger

A merger in which the acquirer creates a wholly owned subsidiary into which the target company merges (the latter does...

Forward Split

A stock split by which each share of a company's stock is increased on a pro rata basis among all...