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A stockbroker charging lower commissions than full-service brokers. Discount brokers do not give investment advice.

Options and other instrument whose value depends on an underlying security. For instance, the value of a call option on Cisco Systems (derivative) fluctuates with the price of Cisco System’s stock.

Total of after tax (bottom line) earnings divided by number of common shares including unexercised stock options, and unconverted preferred stock and convertible bonds. Undiluted earnings would be after tax earnings divided by issued stock only, not considering outstanding options, etc.

A plan implemented by a corporation allowing purchase of shares, or fractions of shares, directly from the company, usually on a regular basis. 

The tender and receipt of the underlying commodity or the payment or receipt of cash in the settlement of an open futures contract.

The combined desire, ability and willingness on the part of consumers to buy goods or services. Demand is determined by income and by price, which are, in part, determined by supply.

The removal of a security’s listing on a stock exchange. This is done when the security no longer exists, the company is bankrupt, the public distribution of the security has dropped to an unacceptably low level, or the company has failed to comply with the terms of its listing agreement.

The status of a security that is no longer listed on the Exchange. The security could trade on another market.

A listed issuer is delisted when the last listed security of the issuer is delisted.

A balance sheet liability reflecting payments received for work not yet performed.