The date when a securities buyer must pay for a purchase or a seller must deliver the securities sold. Settlement must be made on or before the third business day following the transaction date in most cases.
Archives
Real-Time Quotes
Stock trading price reports that have not been artificially delayed.
Return on Capital (return on invested capital)
After tax income (latest 12 months) divided by total of shareholder’s equity plus long term debt, plus other long term liabilities.
Partial Fill
An order receives a partial fill when it trades only part of its total committed volume.
Open End Mutual Fund
Investors buy shares directly from fund, and sell shares directly to fund. Share price is Net Asset Value (NAV).
Operating Income
Sales minus all expenses except income taxes and other items not related to basic business.
Public Float
The number of issued and outstanding shares of a company, excluding shares held by persons who, individually or in conjunction with other persons, hold 20% or more of the issuer’s voting securities.
Price to Sales Ratio (p/s)
Latest share price divided by 12-month sales per share.
Retractable Security
A security that features an option for the holder to require the issuer to redeem it, subject to specified terms and conditions.
Open Order
An order that remains in the system for more than a day. See Good-Till-Cancelled or Good-Till-Date.