Profit center
A division of an organization held responsible for producing its own profits.
Bracket
A term signifying the extent of an underwriter's commitment in a new issue, e.g., major bracket or minor bracket.
Dependent
Acceptance of a capital budgeting project contingent on the acceptance of another project.
Mark Berch:Transferable put right
An optionissued by a firm to its shareholders to sell the firm one share of its common stock at a fixed price (the strike price) within a stated period (the time to maturity). The put right is "transferable" because it can be traded in the capital markets.
Endogenous variable
A value determined within the context of a model. Related: Exogenous variable.
Philadelphia Board of Trade (PBOT)
A subsidiary of the Philadelphia Stock Exchange that trades currency futures. Mark Berch
Offering date
Date on which a new set of stocks or bonds will first be sold to the public.
A division of an organization held responsible for producing its own profits.
Bracket
A term signifying the extent of an underwriter's commitment in a new issue, e.g., major bracket or minor bracket.
Dependent
Acceptance of a capital budgeting project contingent on the acceptance of another project.
Mark Berch:Transferable put right
An optionissued by a firm to its shareholders to sell the firm one share of its common stock at a fixed price (the strike price) within a stated period (the time to maturity). The put right is "transferable" because it can be traded in the capital markets.
Endogenous variable
A value determined within the context of a model. Related: Exogenous variable.
Philadelphia Board of Trade (PBOT)
A subsidiary of the Philadelphia Stock Exchange that trades currency futures. Mark Berch
Offering date
Date on which a new set of stocks or bonds will first be sold to the public.
