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Realized Yield

What is a 'Realized Yield' Realized yield is the actual return earned during the holding period for an investment, and may include dividends, interest payments...

Deal Breaker

DefinitionDeal Breaker is a 1995 thriller novel by Harlan Coben and is the first of the novels which feature Myron Bolitar. Deal Breaker ...

Unannualized

What is 'Unannualized' A rate of return on an investment for a period other than one year. An unannualized return may be used to report...

Underlying Mortality Assumption

What is 'Underlying Mortality Assumption' Projections of expected death rates used by actuaries to estimate insurance premiums and pension obligations. Underlying mortality...

Pass-Through Certificate

DefinitionA pass-through certificates is an instrument that evidences the ownership of two or more equipment trust certificates. In other words, equipment trust certificates may...

Backing Away

What is 'Backing Away' Failure by a market maker in a security to honor the quoted bid and ask prices for a...

Lagging Indicator

What is a 'Lagging Indicator' A lagging indicator is a measurable economic factor that changes only after the economy has begun to...

Short Position

DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...

Tangible Cost

What is ‘Tangible Cost' A quantitative expense that can be traced back to a specific source or item. Tangible costs are expenditures incurred as a...

Dealer

What is a 'Dealer' A dealer is a person or firm in the business of buying and selling securities for their own...

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