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Futures contracts which have a stock index as the underlying interest.

A security issue that is removed or delisted from the list of tradable security issues of an exchange. It is usually accompanied with a reason for deletion and the deletion date.

The shares or stock sold by a company to provide start-up capital before carrying out an initial public offering (IPO).

An analyst employed by a brokerage house such as Merrill Lynch.

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.

A paper certificate that represents the number of shares an investor owns.

The difference between the total of assets and liabilities shown on a company’s balance sheet. Book value is the shareholders equity divided by the number of outstanding shares.

The total number of shares issued by a corporation.

This is a condition resulting from selling an option and not owning the related securities.

Selling stock you don’t own. You hope it drops in price so you can buy it back later at a lower price. You must have a margin account with your broker to sell short.