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Annual Percentage Yield

The total income that an investment earns on an annual basis, expressed as a percentage. It is the total earnings/...

APY

It stands for annual percentage yield; the total income that an investment earns on an annual basis, expressed as a...

Gun Jumping

The intentional attraction of interest in an initial public offering (IPO) before an issuing company files a registration statement. Companies...

Hot Market

A market where the number of initial public offerings (IPOs) that were introduced in a given month is large, after...

Hot IPO

An initial public offering (IPO) that is introduced in a favorable environment- i.e., in a hot market. A hot market,...

Horizontal Merger

A merger that results from the combination of competitors within the same geographic market. In a broader sense, a horizontal...

Hot Issue

An initial public offering (IPO) in which demand for issued securities exceeds supply. A hot issue IPO is an offering...

Junior SPAC

A form of specified purpose acquisition company (SPAC) whereby a blank check company would raise a minimal amount of funds...

Lock-Up Period

A period of time (usually six months) during which company insiders, including management, are not allowed to sell their shares...

Lockup Period

A period of time (usually six months) during which company insiders, including management, are not allowed to sell their shares...