HANDLE
The whole number part of a price quote. In a quote the handle could be $56, while the price quote for stock might be $56.25. The quote's handle eliminates the part of the price quote that is a decimal. In foreign exchange markets, the handle refers to the part of the price quote that appears in both the bid and the offer for the currency. For example, if the EUR/USD currency pair has a bid of 1.4183 and an ask of 1.4185, the handle would be 1.41 - the part of the quote that is equal to both the bid and the ask. Also called big figure.
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Sprinkling Provision
Sprinkling provision is a life insurance agreement provision. In it, trustees are enabled to disperse death benefits among the beneficiaries within ...
Emergence Plan
Firm’s formal strategy to exit Chapter 11 bankruptcy, which in a sense leaves the company sturdier than it was prior to declaring bankruptcy. ...
Unified Tax Credit
Unified Tax Credit is a tax credit given to every American citizen by the Internal Revenue Service. It allows every individual to gift a particular ...
Delivery Point
It is the place where the commodity will be delivered.
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 ...
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SEE FOREX TUTORIAL
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Digesting Financial Statements: Cash Flow
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