Exempt securities
Instruments exempt from the registration requirements of the Securities Act of 1933 or the margin requirements of the SEC Act of 1934. Such securities include government bonds, agencies, munis, commercial paper, and private placements.
Tax Reform Act of 1986
A 1986 law involving a major overhaul of the US tax code.
Explicit Bankruptcy Costs
Specific costs incurred during the bankruptcy process such as legal fees, court costs, consultants' fees, and document preparation expenses.
Mark Berch:Pro forma Invoice
A quotation in the form of a ninvoice prepared by the seller that details items which would appear on a commercial invoice if an order results.
Throughput agreement
An agreement to put a specified amount of product per period through a particular facility. An example is an agreement to ship a specified amount of crude oil per period through a particular pipeline.
Overlap the market
Used in the context of general equities. Create a crossed market by expressing a willingness to sell on the bid side of the market and buy on the offer side. Mark Berch
Residential mortgage
Mortgage on a residential property, tax-deductible for individuals up to $1 million.
Instruments exempt from the registration requirements of the Securities Act of 1933 or the margin requirements of the SEC Act of 1934. Such securities include government bonds, agencies, munis, commercial paper, and private placements.
Tax Reform Act of 1986
A 1986 law involving a major overhaul of the US tax code.
Explicit Bankruptcy Costs
Specific costs incurred during the bankruptcy process such as legal fees, court costs, consultants' fees, and document preparation expenses.
Mark Berch:Pro forma Invoice
A quotation in the form of a ninvoice prepared by the seller that details items which would appear on a commercial invoice if an order results.
Throughput agreement
An agreement to put a specified amount of product per period through a particular facility. An example is an agreement to ship a specified amount of crude oil per period through a particular pipeline.
Overlap the market
Used in the context of general equities. Create a crossed market by expressing a willingness to sell on the bid side of the market and buy on the offer side. Mark Berch
Residential mortgage
Mortgage on a residential property, tax-deductible for individuals up to $1 million.
