Being Warren Buffett
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Sexual slang for a market moving strongly upward, as in, “This market has a woody.
Without the lender having any right to seek payment or seize assets in the event of nonpayment from anyone other than the party (such as a special-purpose entity) specified in the debt contract.
If 70 were bid in the market and there was no offer, the quote would be “70 bid without.” The expression “without” indicates a one-way market.
A tax levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country. Tax levied on dividends paid abroad.
The ability to establish automatic periodic mutual fund redemptions and have proceeds mailed directly to the investor.
Purchase of shares in which the buyer is entitled to the rights to buy shares in the company’s rights issue.
Purchase of shares in which the buyer is entitled to the forthcoming dividend. Related: ex-dividend.
A firm operating a private wire to its own branch offices or to other firms, commission houses or brokerage houses.
Problem faced by uninformed bidders. For example, in an initial public offering uninformed participants are likely to receive larger allotments of issues that informed participants know are overpriced.