ODD LOT
Odd lot is an order amount for a security which is less than the normal unit of trading for that certain asset. It is to be anything less than the normal 100 shares for stocks. Commissions for odd lots are mainly higher than the standard lots.
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Julian C. Day
The first appointed Chief Executive Officer and Chairman of technology retailer RadioShack in July 2006. Day started his career with consulting fir ...
Index Divisor
Number used in the denominator of the ratio between the total index value and index divisor. Usually, the number has little mathematical factor beh ...
Tax Advisor
Financial expert knowledgeable and has advanced training on tax laws and strategies. These professionals are hired to reduce taxation while complyi ...
Liquidity Premium
The premium demanded by investors when any security cannot be easily converted into cash but converted at the fair market value. When the liquidity ...
Bucket Shop
Fraudulent brokerage firm employing aggressive telephone sales technique to sell securities the brokerage owns and no longer wants to hold. ...
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Featured Investment: Annuity
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