- Branche: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Current stock price divided by trailing annual earnings per share or expected annual earnings per share. Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year; $25.50 = 10 times $2.55. XYZ stock sells for ten times earnings.
Industry:Financial services
Individuals who respond to rates and prices by acting as though prices have no influence on them.
Industry:Financial services
The high point at the end of an economic expansion until the start of a contraction.
Industry:Financial services
Increased earnings due to increased sales and cost controls, as compared to artificial profits created by inflation of inventory or other asset prices.
Industry:Financial services
The argument that external financing transactions costs, especially those associated with the problem of adverse selection, create a dynamic environment in which firms have a preference, or pecking-order of preferred sources of financing, when all else is equal. Internally generated funds are the most preferred, followed by new debt, and debt-equity hybrids. Finally, new equity is at the least preferred source.
Industry:Financial services
Also called the dollar value of a basis point; a measure of the change in the price of a bond if the required yield changes by one basis point.
Industry:Financial services
Gives the seller choice of deliverables in Treasury bond and Treasury note futures contracts. Also called the swap option. Related: Cheapest to deliver issue.
Industry:Financial services
Development of new products and services by a company in order to obtain a competitive advantage.
Industry:Financial services
Exchange rate whose value is pegged to another currency's value or to a unit of account.
Industry:Financial services
