First call
With collateralized mortgage obligation (CMOs.), the start of the cash flow cycle for the cash flow window.
Capital
Moneyinvested in a firm.
Tax deferral option
Allowing the capital gains tax on an asset to be payable only when the gain is realized by selling the asset.
Mark Berch:Unfunded pension plan
Provides for the employer to pay out amounts to retirees or beneficiaries as and when they are needed. There is no money put aside on a regular basis. Instead, it is taken out of current income.
Fedwire
A wire transfer system for high-value payments operated by the Federal Reserve System.
National Market Advisory Board
Group that advises the SEC on establishing a national exchange market system, which is a highly automated, continuous national exchange, but that preserves the regional exchanges. Mark Berch
Market risk
Risk that cannot be diversified away. Related: Systematic risk
With collateralized mortgage obligation (CMOs.), the start of the cash flow cycle for the cash flow window.
Capital
Moneyinvested in a firm.
Tax deferral option
Allowing the capital gains tax on an asset to be payable only when the gain is realized by selling the asset.
Mark Berch:Unfunded pension plan
Provides for the employer to pay out amounts to retirees or beneficiaries as and when they are needed. There is no money put aside on a regular basis. Instead, it is taken out of current income.
Fedwire
A wire transfer system for high-value payments operated by the Federal Reserve System.
National Market Advisory Board
Group that advises the SEC on establishing a national exchange market system, which is a highly automated, continuous national exchange, but that preserves the regional exchanges. Mark Berch
Market risk
Risk that cannot be diversified away. Related: Systematic risk
