finra.org

Website:http://www.finra.org
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Definitions (38)

1

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active security


A security eligible for the OTC Bulletin Board®
Source: finra.org

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american depositary receipt


A U.S. security that is a repackaged foreign security. A U.S. bank creates an ADR based on evidence of ownership of a specified number of shares in the foreign security, while the underlying shares ar [..]
Source: finra.org

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ask price


The price at which a market maker is willing to sell a security.
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best ask


The lowest quoted offer of all competing Market Makers to sell a particular stock at any given time.
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best bid


The highest quoted bid of all competing Market Makers to buy a particular stock at any given time.
Source: finra.org

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best execution


FINRA Rule 5310
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bid price


The price at which a Market Maker is willing to buy a security.
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blue-sky laws


State laws that require issuers of securities to register their offerings with the state before they can be sold to its residents. Most blue-sky laws include provisions relating to fraudulent activiti [..]
Source: finra.org

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common stock


A class of securities representing ownership and control in a corporation and that may pay dividends as well as appreciate in value.
Source: finra.org

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cusip number


A unique nine-character alpha/numeric code assigned to a security by Standard & Poor's Corporation, which appears on the face of each certificate. The primary use of the number is to expedite [..]
Source: finra.org


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