GlossaryGuide

A Good-Til-Cancelled (GTC) order is an order to buy or sell a stock that lasts until the order is completed or canceled. Brokerage firms typically limit the length of time an investor can leave a GTC order open.  This time frame may vary from broker to broker.  Investors should contact their brokerage firms to determine… Continue reading GOOD-TIL-CANCELLED ORDER

A publicly held company generally means a company that has a class of securities that is registered with the SEC because those securities are widely held or traded on a national securities exchange. When a public company is eligible to deregister a class of its equity securities, either because those securities are no longer widely… Continue reading GOING PRIVATE

GAAP (Generally Accepted Accounting Principles) are accounting standards, conventions and rules. It is what companies use to measure their financial results. These results include net income as well as how companies record assets and liabilities. In the US, the SEC has the authority to establish GAAP. However, the SEC has historically allowed the private sector… Continue reading GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP)

A municipal bond not secured by any assets; instead it is backed by the issuer’s power to tax residents to pay bondholders.

Markets that trade futures contracts for commodities such as gold, oil or wheat, as well as financial futures.

An agreement to buy or sell a specific quantity of a commodity or financial instrument at a specified price on a particular date in the future.

The value of an asset at a specified date in the future.

An upfront sales charge investors pay when they buy fund shares. It generally is used by the fund to compensate brokers. A front-end load is deducted from the purchase and reduces the amount available to buy fund shares.

In a cash account, an investor must pay for the purchase of a security before selling it.  If an investor buys and sells a security before paying for it, the investor is “freeriding,” which is not permitted under the Federal Reserve Board’s Regulation T and may require the investor’s broker to “freeze” the investor’s cash account for 90… Continue reading FREEZE, BROKERAGE ACCOUNT

In a cash account, an investor must pay for the purchase of a security before selling it.  If an investor buys and sells a security before paying for it, the investor is “freeriding” which is not permitted under the Federal Reserve Board’s Regulation T and may require the investor’s broker to “freeze” the investor’s cash account for 90 days.  During this 90-day… Continue reading FREERIDING