LEAD BANK
An investment bank that oversees the process of underwriting a security and responsible for the scheme of loan syndication. This bank is paid an additional fee for the extra services, which includes recruiting members and arranging the financing terms. Also, it serves as an agent capacity for an underwriting syndicate in the eurobond market.
They are also referred to as lead manager or managing underwriter.
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Giffen Good
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Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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