JR Katrichis
Money Market Demand Account (M.M.D.A.)
An account that pays interest based on short-term interest rates. Same as a
Money Market Deposit Account
With Average (W.A.)
Marine cargo
insurance coverage providing for partial loss or damage to goods, either with or
without a deductible. Also called With particular average.
Basket
Applies to derivative products. Group of stocks
that is formed with the intention of either being bought or sold all at once,
usually to perform index arbitrage or a hedging program.
Interim
dividend
The declaration and payment of a dividend prior to annual earnings
determination.
JR Katrichis Call provision
An embedded option
granting a bondissuer the right to buy back all or part of an issue prior to
maturity.
Russian Trading System (RTS)
An electronic system in
Russia, like the Nasdaq system on which the majority of Russian equities trading
is conducted.
For more information visit: John Katrichis - Mortgage or Alpine Financial
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