Alpine Financial

Earnest money
Money given to a seller by a buyer to demonstrate the buyer's
good faith. If the deal falls through, the deposit is usually forfeited.

Discharge of bankruptcy
The termination of bankruptcy proceedings,
resulting in cancellation of the debtor'sobligations.

John Katrichis

Eurocurrency deposit
A short-term
fixed-rate time depositdenominated in a currency other than the local currency
(e.g., U.S. dollars deposited in a London bank).

Cash & carry

Applies to derivative products. Combination of a long position in a
stock/index/commodity and short position in the underlyingfutures, which entails
a cost of carry on the long position. Also known as cash and carry arbitrage.

John
Katrichis Monetary assets and liabilities
Assets and liabilities
with contractual payoffs.

Broken up
Used for listed equity
securities. Prevented from executing a trade (committed to upstairs) due to
exchange priority rules excluding one's order (e.g., higher bid/lower offer on
floor, market order to satisfy).

John Katrichis

Earnest money
Money given to a
seller by a buyer to demonstrate the buyer's good faith. If the deal falls
through, the deposit is usually forfeited.

Discharge of bankruptcy

The termination of bankruptcy proceedings, resulting in cancellation of the
debtor'sobligations.

John Katrichis John Katrichis -
Mortgage

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