Glossary of Stock Market Terms & Definitions - Mark Berch:

Participant risk
The risk associated with the credit of the participants and possibility of non-performance.

Integrated financial market
A market in which there are no barriers to financial flows, and the same risk asset commands the same expected return, irrespective of domicile. Mark E. Berch

Divestiture
A complete asset or investment disposal such as outright sale or liquidation. Mark E. Berch

Coverage
See: Fixed-charge cov...

Mark Berch

Income tax
A state or federal government's levy on individuals as personal income tax and on the earnings of corporations as corporate income tax.



Syndicated Eurocredit loans
Funding provided by a group (or syndicate) of banks in the Eurocreditmarket.( - Mark Berch)

Mark Berch: Right
Privilege granted shareholders of a corporation to subscribe to shares of a new issue of common stock before it is offered to the public. Such a right, which normally has a life of...