Tuesday, November 27, 2012

Banking terms

What do you mean by "Above par?"
The term that indicates that the price of a security is higher than its nominal value

Abscissa - this refers to the value on the horizontal axis of a point on a two dimensional graph

Absolute advantage: A country has an absolute advantage if its output per unit of input of all goods and services produced is higher than that of another country

Abandonment option: The option to close out an investment prior to the fuifilment of the original conditions for termination

Abandon: To choose not to exercise or sell an option. Abandonment occurs when the option is out of money on the expiration date.

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