BELT AND SUSPENDERS
This term is used to explain safety and conservatism in loaning practices. In describing the careful bankers who request that loan procedures to be very strictly adhered to.
In general - belt and suspenders is used to hold up one’s pants which also mean having repetitious safety measures in place to remove all risk. The term can be complimentary, but it also can inform a ridicule of the overly cautious.
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Accumulation Area
A price where the investors purchase shares of a particular stock. It is usually determined by the looks of the volume and its price. Some analysts ...
SEC Form DEF13E3
SEC Form DEF13E3 is a form which is used as an initial preliminary statement for a company or affiliate that is turning private. “Going priva ...
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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