Treasury

SHARES or OTHER UNITS OF FUNDS

A share is a unit of equity ownership in a corporation; mutual fund; or interest, normally represented by a certificate,…

4 years ago

SETTLEMENT DATE ACCOUNTING

Under settlement date accounting, assets purchased are not recorded until settlement date. Therefore, only after receiving or sending payment for…

4 years ago

SETTLEMENT DATE

The date a security is delivered to the purchaser.

4 years ago

SECURITIES BROKERS AND DEALERS

Generally, securities brokers are entities that regularly engage in effecting securities transactions for others. A securities dealer is an entity…

4 years ago

SECURITIES

Securities are any bill, note, bond, debenture, equity or similar instrument that is commonly referred to as a security, excluding…

4 years ago

REPURCHASE/RESALE AGREEMENTS

A repurchase agreement is a transaction involving the sale of financial assets by one party to another, subject to an…

4 years ago

REINSURANCE RECOVERABLES

Reinsurance recoverable represent reimbursements expected by U.S.- resident insurance underwriters, under reinsurance contracts governing underwriting coverage ceded to a foreign…

4 years ago

PRIVATE FUND

This term refers to the same class of financial entities that must report to the Securities and Exchange Commission as…

4 years ago

PRIME BROKERS

Full service brokers that facilitate the clearance and settlement of securities provide the ability to trade with multiple brokerage houses…

4 years ago

PREPAID INSURANCE PREMIUMS

Prepaid insurance premiums are the consideration paid by policyholders to insurance underwriters in exchange for the provision of defined future…

4 years ago