AVERAGE PRICE
- A bond's price average which is calculated by summing up the face value of the price paid for it and dividing it by two. Average price may at times employed to arrive to a bond's yield to maturity, in which the average price assumes the role of the purchase price in a yield to maturity calculation.
- A representative scale of array of prices which is calculated by acquiring the sum of the values and dividing it by the number of prices involved. The average price narrows down the range into one single value, comparable to any point, to conclude if whether the value is lower or higher than what is previously expected.
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Accumulation Area
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SEC Form DEF13E3
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Transaction
1. Deal between a buyer and a seller to exchange a product, service, or financial instrument.
2. In accounting, an event or condition aff ...
IRS Publication 596
A document that gives information on the earned income credit (EIC) offered to individuals who earn below $51,567. To be eligible to receive EIC, a ...
Depository Trust Company Tracking - DTCT
A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.
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