PURCHASE AND SALE STATEMENT - P&S
A statement communicating adjustments or transactions affecting the margin of a futures trader. The purchase and sale statement is given to the customer by a Futures Commission Merchant whenever a position in a contract is offset or closed out. The P&S statement serves as a summary of the most recent account activity, delivering details of transactions and any changes in margin.
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A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
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Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
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A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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