LIBERTY BOND
A bond issued by the United States Government during World War I. Liberty bonds was used to finance the war effort in Europe. The bonds, sold under the same name, were reissued after the terrorist attacks on September 11, 2001. These bonds were used in rebuilding the "ground zero" and other damaged areas. The Congress-passed law that introduced the bonds still stands as the legislation, allowing the issuance of all US Treasury securities.
POPULAR TERMS
Capital Commitment
Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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