Update

Overview

premium

Return to overview »

You are looking at 1-20 of 164 entries

  • Type: Overview Page x
clear all

View:

above par

above par  

Reference type:
Overview Page
A security which is trading above its redemption value or par value. Purchasers of such securities will make a capital loss if held to maturity (cf. premium; discount). Many corporate bonds are ...
accretion

accretion  

Reference type:
Overview Page
1 The writing to profit of the increase in the value of an asset over a period of time. For securities, it tends to indicate an increase in the principal ...
after-tax basis

after-tax basis  

Reference type:
Overview Page
The calculation of returns after tax has been deducted.
agio

agio  

Reference type:
Overview Page
1 The premium over par value. Thus a price of 102 would have an agio of 2 (cf. disagio);2 A fee paid for undertaking a transaction.3 Uncommon term for spread.[...]
All-Ordinaries Share Price Riskless Index Note

All-Ordinaries Share Price Riskless Index Note  

Reference type:
Overview Page
(ASPRIN) (Australia).Debt securities paying little or no interest where the returns are linked to the performance of the All-Ordinaries index. They are a combination of zero-coupon bonds and stock ...
all-risks policy

all-risks policy  

An insurance policy covering personal possessions against many risks but not, of course, all risks. A policy of this kind does not list the risks covered; instead it lists only the exclusions. Such ...
amortization

amortization  

Reference type:
Overview Page
1 The process of treating as an expense the annual amount deemed to waste away from a fixed asset. The concept is particularly applied to leases, which are acquired for a given sum for a specified ...
annualized forward premium

annualized forward premium  

Reference type:
Overview Page
(Forex).The premium or discount between the spot exchange rate and the forward rate stated as an annualized percentage of the spot rate.
appraisal

appraisal  

Reference type:
Overview Page
The assessment of alternative courses of action with a view to establishing which action should be taken. Appraisals may be financial, economic, or technical in emphasis. See decision making.
at par

at par  

Reference type:
Overview Page
A transaction, such as a security's redemption, at the face value or par value (cf. discount; premium). See also redemption price.
back spread

back spread  

Reference type:
Overview Page
The strategy of selling an option near to or at the money (see at-the-money option) and using the premium to buy a number of the same types of option out of the money (see intrinsic value). If this ...
basket option

basket option  

Reference type:
Overview Page
A type of option or warrant where the underlying is a basket of assets. It is often seen in the foreign exchange market, where it allows the holder to buy ...
benchmark bond

benchmark bond  

Reference type:
Overview Page
A bond that is regarded as a key indicator of market prospects.
bond price quotation

bond price quotation  

Reference type:
Overview Page
The quotation of bonds as a percentage of par. A quote of 85 would mean a price of 85% of the par value of the bond (that is, the bond ...
Boston option

Boston option  

Reference type:
Overview Page
Name given to zero-cost or deferred premium options, such as a breakforward contract. When used in the currency markets, it is made up of two different contracts: a forward foreign ...
breakeven point

breakeven point  

Reference type:
Overview Page
The level of production, sales volume, percentage of capacity, or sales revenue at which an organization makes neither a profit nor a loss. The breakeven point may either be determined by the ...
break-even time

break-even time  

Reference type:
Overview Page
(Bonds).A value indicator for a convertible security. It is taken to be the time required for the premium over the conversion value to be removed by the convertible's yield ...
break-forward

break-forward  

Reference type:
Overview Page
A contract on the money market that combines the features of a forward-exchange contract and a currency option. The forward contract can be undone at a previously agreed rate of exchange, enabling ...
buy and write

buy and write  

Reference type:
Overview Page
An investment strategy that involves writing (selling) an option on a security that one has bought. This enables the investor to benefit from the call premium and to hedge any risk relating to the ...
buy-in

buy-in  

Reference type:
Overview Page
1 The buying of a security at market prices to complete delivery of a failed transaction. If the original seller fails to make good delivery, the buyer can, upon notification ...

View: