Accounting rules and procedures established by the Financial Accounting Standards Board, an independent self-regulating organization.
Archives
Geographic Funds
Mutual funds specializing in a specific geographic area such as Europe.
GICS
The Global Industry Classification Standard (GICS) is a consistent set of global economic sector and industry definitions. GICS are used to classify the constituents of many indices worldwide. GICS is a four-level classification system. The four levels are: sector, industry group, industry, and sub-industry. Standard & Poor’s and Morgan Stanley Capital International (MSCI), two providers of global indices, jointly launched GICS in 1999.
Good Delivery
The term used to describe a security that is in proper form to transfer title, which means that the registered owner has endorsed it. To settle a sale, the certificate must be surrendered on good delivery by the seller. A certificate that bears a share transfer restriction will not constitute good delivery. The term used to describe a security that is in proper form to transfer title, which means that the registered owner has endorsed it. To settle a sale, the certificate must be surrendered on good delivery by the seller. A certificate that bears a share transfer restriction will not constitute good delivery.
Good For the Day
Buy or sell limit order will expire at close of trading if not executed.
Extraordinary Items
Charges for items that are both unusual in nature and infrequent in occurrence, such as earthquake-related losses.
Face Value
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.
Fair Value
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.
Fallen Angel
An IPO trading below its issue price in the aftermarket.
Fed
Federal Reserve Board.