Archives

See Operating Income.

Charges for items that are both unusual in nature and infrequent in occurrence, such as earthquake-related losses. 

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.

Trades executed outside normal market hours. 

A company estimates the future profitability of a trade made today and books a profit today based on the present value of those estimated future profits.

A record of a company’s sales and expenses over a particular year or quarter. 

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

The cash denomination of the individual debt instrument. It is the amount of money that the holder of a debt instrument receives back from the issuer on the debt instrument’s maturity date. Face value is also referred to as par value or principal.

Growth at a reasonable price. A strategy of buying stocks whose price/earnings ratio is equal to or less than the estimated annual earnings growth rate.

A security with a solid record of dividend payments and which offers a dividend yield higher than the average common stock.