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For an issue with a committed dividend/distribution policy, the indicated annual dividend/distribution (IAD) equals the most recent dividend/distribution multiplied by the payment frequency. For example, if an issuer pays $0.04 quarterly, then the indicated rate is $0.04 X 4 or $0.16. In the case of issuers with no committed policy, the IAD is obtained by adding the dividend/distribution amounts paid in the last 12-month period. Indicated annual dividend/distribution is also referred to as indicated rate.

A certificate trading on a U.S. stock exchange that represents shares of a foreign corporation. 

Mutual funds specializing in a specific geographic area such as Europe.

Balance sheet liability reflecting taxes due, but not yet paid. 

The true value of a stock based on criteria of the user’s choosing. A stock is said to be overvalued when the share price exceeds the fair value.

A GTD order will remain in the system until it is either filled or until the date specified, at which time it is automatically cancelled by the system. This is another kind of open order. A Participating Organization can cancel a GTD order at any time.

An order placed with a broker meaning that it is good until either filled or canceled. In practice, this order has to be re-confirmed twice annually.

This occurs when an average falls 10% or more off of its high.

The amount of a company’s shareholder’s equity that exceeds the value of its hard assets. 

An IPO trading below its issue price in the aftermarket.